Tag: Foreign exchange market analysis

The EUR/USD currency pair experienced a decline last week, dropping from 1.1213 to 1.0495 before bouncing back slightly. The initial bias for this week remains neutral for consolidations. However, the overall outlook remains bearish...

GBPUSD has been on a downward trend for the past four weeks, dropping below the 1.3000 mark and hitting a new low of 1.2943. Technical indicators show that there is still a strong selling...

AUD/USD is starting the week on shaky ground, trading at its lowest levels in over five weeks in the mid-0.66s. This week's economic calendar is relatively light on both local and international fronts. However,...

Friday saw a boost in the markets after the Canadian September employment change exceeded expectations with an increase of 46.7K jobs. This positive news helped push the S&P 500 up by 0.7% to touch...

EURUSD Technical Analysis: Support Holds, What's Next?Earlier today, in the kickstart video, the key support level for the EURUSD was outlined between 1.1131 and 1.11399. The price action today saw the low price stall...

US Dollar Strengthens Ahead of Nvidia EarningsThe US dollar showed strength in the forex markets as investors awaited the highly anticipated Nvidia earnings report. This surge in the dollar was influenced by a variety...