The price showed mixed performance on Thursday, largely following global market trends but ultimately losing just over one-tenth of a percent against the US Dollar (USD). The pair found support near the 50-day Exponential Moving Average (EMA) at...
The dollar is strengthening, the euro is falling: all attention is on the US labor market The DXY dollar index soared to a 3-week high of 102.05, bringing the EUR/USD pair to strong support at 1.10. The dollar's recovery is driven by strong data on...
Charting the Course: USD/CHF We are currently assessing the dynamic pricing behavior of the USD/CHF currency pair. The potential for growth in the USD/CHF pair remains intact. The week is likely with a bullish candle, indicating upward momentum. The...
In recent economic releases, Australia's employment change for July exceeded expectations, with 58.2K new jobs added, surpassing the forecast of 20.0K and the previous reading of 52.3 K. However, the unemployment rate rose to 4.2%, higher than the...
EUR/ USD: Key Patterns and Signals Our conversation concerns decoding the live EUR/ USD currency pair's pricing. Last week, sellers completely dominated the market, and it was evident beforehand that a decline was likely. A bearish divergence...