In the EUR/USD H4 time frame, the market exhibits a steady uptrend, with the price currently oscillating within a range defined by resistance at 1.0890 and support at 1.0960. The price recently returned after encountering resistance near the 50-day...
Aussie dollar faces pressure due to disappointing GDP numbers The Australian dollar saw a significant decline against the US dollar during its last trading session, driven by weaker-than-expected economic data. Australia's quarter-on-quarter GDP...
GBP/USD: Simple Trading Tips for Beginner Traders December 4 - Analysis of yesterday's forex trades Trading analysis and recommendations for trading the British pound A test of the 1.2659 level occurred when the MACD indicator started to move...
USD/CHF Today, USD/CHF is trading around 0.8830, stuck in a consolidative range after failing to push past the 0.8850 resistance level. On the daily chart, the pair remains in a descending channel, which keeps the medium-term outlook bearish....
USD/JPY is stuck in the 149.55-150.00 area. Short-term risk is skewed to the downside. ADP Jobs data, ISM non-mfg PMI on the agenda. USD/JPY is again pushing for a close above 150.00 and the 200-day exponential moving average (EMA) after closing...
