Silver technical analysis Silver price trades sideways above $30.00, with investors focusing on Trump’s inauguration ceremony. US Trump’s policies are expected to be pro-growth and inflationary for the economy. Easing geopolitical tensions in the...
NZD / USD: An Hourly Time Frame Recommendation The NZDUSD crossed the 0.5570 level on Friday, indicating that the bears are attempting to gain domination in the market. The price movement reflected ongoing selling pressure, with sellers striving...
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...
EUR/USD Price Reaction The EURUSD movement is still consolidating on the daily where there is indeed a potential for limited increases because today is a US market holiday. Previously, the Euro currency in the last trading ended down under pressure...
Technical analysis of the EURUSD pair On the 1-hour chart, the weekly pivot level of 1.0267 acts as a strong support area during the past three trading days, as we can see on the chart. The price started trading today inside the white triangle,...
