EUR/USD Technical Analysis and Basic Concepts The EUR/USD market has been in a downtrend recently. After reaching 1.0370 today, it started to fall rapidly and is currently trading around 1.0348. The price broke above the 20 small moving averages...
GBP / USD: An Hourly Time Frame Recommendation The price of GBPUSD might hit the support assist of 1.2462 later due to the extreme down pressure. Also, the bulls have no space right now and they need to wait. Thus, the GBPUSD Investors can enter...
EURUSD currency pair - let’s look at the H4 chart again today. The past trading week was mixed. They went down a bit, then returned and stayed in place. Well, it’s understandable, pre-holiday and holiday days gave little movement, but on December 31...
The Australian dollar (AUD) experienced a brief reprieve against the US dollar (USD) on Thursday, following the release of China's Caixin Manufacturing Purchasing Managers' Index (PMI). Given Australia's close economic ties with China, any...
The NZD/USD currency pair extended its gains for a second consecutive trading day, trading around 0.5610 during early European trading on Thursday. This upward movement was primarily driven by a strengthening New Zealand dollar (NZD), fueled by...