The euro is currently facing a precarious situation. It dipped below the 1.0689 level yesterday and could potentially fall further. While the key support level of 1.0670 is unlikely to be breached immediately, there's a chance the euro might enter a...
What is the Commodity Channel Index (CCI)? The Commodity Channel Index (CCI) is a momentum-based oscillator developed by Donald Lambert in 1980. It is primarily used in technical analysis to identify cyclical trends in the prices of a wide range of...
GBP/USD Colleague, hello! Today I want to wait for GBP/USD to grow first, and then sell it. This is my daring pig plan. According to the empty economic calendar, a rather modest trading day in terms of volatility is expected. What can be seen on the...
The euro has been on a tear against the Japanese yen, climbing for six days straight. It's not quite at its peak for the year, set back in April, but it's getting close. Right now, the exchange rate is hovering around 171.29 yen to the euro, which...
The USDJPY currency pair is displaying a strong bullish trend based on recent technical analysis. One key indicator supporting this view is the 50-period exponential moving average (EMA) being above the 100-period EMA. This is considered a bullish...