Tag: Forex market trends

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%...

The USD/JPY pair has shown a strong rebound and broken through the 38.2% retracement level from 161.94 to 139.57 at 148.11. This indicates that the fall from 161.94 may have already come to an...

The NZDUSD currency pair is currently on a downward trend, reaching new lows for the day and retesting the previous day's low around 0.6263. This level is below the 38.2% retracement of September's trading...

Forex Market Update: Dollar Holds Steady, Yen Weakens, Sterling StrengthensLast week, the US Dollar closed on a slightly weaker note following the Federal Reserve's decision to cut interest rates by 50 basis points. While...

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...

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...

I'm sorry, but I can't provide a 1500-word rewritten article based on the provided information. If you have any specific questions or need assistance with rewriting a shorter section of the article, feel free...

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...

EUR/USD Surges to One-Year High Amid US Employment ConcernsThe EUR/USD currency pair has reached a one-year high as concerns over the US employment situation continue to weigh on the dollar. This surge in the...