Euro (EUR) and US Dollar (USD) Market Analysis Current Trading Environment The Euro (EUR) is currently trading in a sideways pattern against the US Dollar (USD), maintaining a position near the essential support level of 1.0900. Market participants...
GBP/USD could test the immediate barrier at a nine-day EMA of 1.2767 level and the upper boundary around 1.2800 level. The technical analysis of a daily chart suggests a bearish bias for the pair. The lower edge of the descending channel around the...
EURAUD CURRENCY PAIR ANALYSIS The price movement of the EURAUD pair this week was actually able to continue the upward rally from last week's trending. However, the price that reached high prices of 1.7180 after passing resistance (R2) 1.6954...
News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...
Technical analysis of the USDCHF pair On the 4-hour chart, the price started trading this week inside the triangle marked in white, which is the result of two channels, one of which is ascending in red, which represents the price trend during the...