Tag: Forex trading platforms
NZDUSD Trades Towards Yesterday’s Low: Sellers in Action
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 Strengthens
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...
EUR/USD Forecast: Weekly Analysis and Predictions for Forex Traders
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...
EUR/USD Daily Forecast: Latest Analysis and Updates
The EUR/USD pair has been showing an upward trend, with the intraday bias still tilted towards the upside as long as the minor support at 1.0932 holds. This current uptrend is seen as a...
GBP/USD Mid-Day Analysis and Forecast – Action Forex
The GBP/USD pair is still trading in a range and the intraday bias remains neutral at the moment. If the resistance at 1.2863 holds, there is a likelihood of further decline. A break below...