Tag: Currency pair analysis

Yesterday, the US Dollar received a boost from a higher than expected US CPI report, but quickly lost those gains. This was due to the US Jobless Claims figures also being released, showing a...

The USD/JPY pair experienced a rally above 149.20 before facing resistance from the bears. On the 4-hour chart, it traded below a significant bullish trend line with support at 149.35. Meanwhile, the EUR/USD saw...

Last week, GBP/USD broke below the 1.3265 support level, indicating a short-term peak at 1.3433. This week, the initial bias suggests a downward trend towards the 1.3000 cluster support level, which represents a 38.2%...

EUR/USD has been on a downward trend recently, with a strong break of the 55-day EMA at 1.1031 indicating a reversal in the near term. This suggests that the currency pair may experience further...

Weekly Forex Market Analysis (23-27 September)As we look ahead to the upcoming week in the forex market, there are several key events and data releases that traders should keep an eye on. From flash...

EUR/JPY Forecast: Weekly Analysis and Predictions - Action ForexThe EUR/JPY pair experienced a decline from 163.86 last week, extending even further before stabilizing at 155.45. This sideways movement has left the initial bias for...

EURUSD Technical Analysis for the New Trading WeekAs we enter a new trading week, it is essential to assess the technical analysis of the EURUSD currency pair. However, before delving into the details, it...

The New Zealand dollar has strengthened at the start of the week, with NZD/USD trading at 0.6026 in the North American session, showing a 0.45% increase from previous levels.The Reserve Bank of New Zealand...

The EUR/USD pair saw a retreat after initially rising to 1.1007 last week, leading to consolidations. The bias for the upcoming week remains neutral at first. Although a deeper retreat is possible, the downside...