EUR/GBP UPDATES The EURGBP pair experienced a decline towards the demand area 0.8435 - 0.8429, making the direction of the bullish trend weaken. The reason is that the price is currently still below the 200 SMA, while the 50 EMA appears to be...
Yesterday's American economic data release was met with a surprising shrug by the market. The numbers themselves were a bit underwhelming, suggesting some weakness in the US economy. However, this didn't stop the US dollar from continuing its upward...
The USD/CAD currency pair has recently exhibited intriguing behavior, making it an interesting focal point for traders and analysts alike. As of late, the pair has shown an upward trend; however, it failed to establish a new high. This phenomenon...
The EUR/JPY pair is showing signs that it might continue to go down. Recently, the pair has been closing consistently below the 171.20 level, and it even dropped to 170.90. This suggests that the market is still under bearish pressure. The...
The GBP/USD currency pair displayed a lackluster performance on Tuesday, mirroring a broader market trend characterized by investor caution. The absence of significant economic data left traders hesitant to make decisive bets, resulting in the pair...