The Euro (EUR) and US Dollar (USD) exchange rate (EUR/USD), nicknamed "fiber" by traders, remained stuck in a familiar trading range around 1.0700 on Wednesday. This stability comes ahead of a data dump expected on Friday, which is keeping market...
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...
For this instrument, it is clear that accumulation is underway. I expect this ongoing accumulation to culminate in a significant upward movement. As I've mentioned many times, I plan to monitor the resistance levels at 79.96 and 80.62. Near these...
The USD/CAD exchange rate, currently sitting at 1.3740, is experiencing a bearish trend. This indicates a decline in the value of the US dollar relative to the Canadian dollar. The downward trajectory of this currency pair suggests that market...
EUR/JPY analysis: When EUR/JPY approaches the level of 171.30, it presents an opportunity for traders to assess the potential for further market movements. Specifically, if the pair manages to overcome this level, it may trigger a significant...