EUR/USD Support Holding I am in the process of dissecting the dynamic pricing behavior of the EUR/USD currency pair. Meanwhile, the pair has recently indicated weakness, manifesting a distinct "M" pattern on the daily chart, often viewed as a...
Investor concerns are slowing down the growth of the Brazilian economy The easing of the monetary policy of the US Federal Reserve and China's intention to stimulate its economy create favorable conditions for Brazil. Despite this, Moody's, which...
The pair has retreated after reaching a one-month high around the 0.6755 mark earlier this Tuesday. As the early trading session progressed, the pair remained under slight pressure, trading near the 0.6757 region, down by 0.01% for the day. This...
AUD/USD pair has been trading within a specific range for some time, and my analysis suggests that the pair may decline to the support level at 0.65209. Historically, this level has provided a strong base, making it critical for setting take-profit...
The pair traded lower, hovering around the 1.3055 level during the early European session on Monday. The British Pound's decline was largely driven by a stronger US Dollar (USD), which gained momentum ahead of key US economic data releases. The...