Tag: Forex

In the fast-paced world of banking and finance, the launch of a new foreign exchange trading venue usually elicits little more than a tired sigh and a mumbled complaint of "not another one." However,...

The USD/CHF pair experienced a rally from 0.8733 to 0.8916 last week, reaching as high as 0.8916 before pulling back. The retreat occurred after hitting the 61.8% retracement level of 0.9223 to 0.8374 at...

Gold prices have been on the rise, reaching a new high above $2,788. The market is showing signs of a bullish trend, with a connecting trend line forming at $2,758 on the 4-hour chart....

The EUR/USD pair experienced a decline last week, falling from 1.1213 to 1.0760 before showing signs of a temporary recovery. As we look ahead to this week, the initial bias is neutral, suggesting a...

This week is crucial for the US dollar as several key events are set to take place. The Federal Reserve has shifted to a more hawkish stance after cutting rates in September. Economic indicators...

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,...

EUR/USD saw a decline from 1.1213 last week, but managed to bounce back after reaching 1.0810. The initial bias for this week remains neutral for consolidations. However, the outlook will remain bearish as long...

The USDJPY pair is showing some positive signs for sellers based on technical analysis. The price failed to reach a topside trend line on the hourly chart, which is seen as a small negative....

The recent market analysis showed that the EUR/GBP spiked following the UK inflation numbers. However, despite the GBP weakness, the euro is not strong enough to capitalize on this situation. The UK yields dropped...

The cryptocurrency market saw a 1% increase in the past 24 hours, reaching a total value of $2.28 trillion. Despite cooling off from local highs above $2.30 trillion, which were the highest in over...