EUR/USD Analysis EUR/USD declined on Wednesday, falling below the crucial 200-day moving average (SMA) of 1.0872 and reaching a new two-month low of 1.0860. Despite a general decrease in U.S. Treasury yields, the U.S. dollar rallied, pushing the...
Yesterday the gold market movement could still go lower although the movement was not huge. The candlestick could move from the area of 2656.55 to a price of 1637.61. Perhaps this happened because the market was early in the week and market players...
Silent Words for USDCAD: Currently, the market of USDCAD is trading at the 1.3793 level. Or we can say that the buyers are about to start increasing their value because the market trend is also on the bullish side. Hence, we should set our trading...
The price traded weaker around 1.0810 during Thursday’s Asian session, reflecting pressure from a broadly softer US Dollar. Traders are closely watching upcoming events, including speeches from several US Federal Reserve (Fed) officials, such as Fed...
We're concentrating on the assessment of the GBP/USD pair's price movements. Meanwhile, the EUR/USD exchange rate between the euro and the U.S. dollar is undergoing significant shifts due to a combination of technical and fundamental drivers. The...