Tag: Forex trading signals

The EURGBP pair, also known as the “Chunnel” by traders, is a popular currency pair that reflects the economic relationship between the Eurozone and the United Kingdom. The euro is influenced by economic data...

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...

Oil inventory data revealed a larger-than-expected build in headline crude oil. The Federal Reserve's Collins stated that labor markets are in a positive state overall. Major indices closed higher, and it was mentioned that...

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 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...

EURUSD Price Approaches Resistance Level in Forex TradingThe EURUSD pair experienced a day of volatile price action, with fluctuations that kept traders on their toes. The price moved above and below the 100/200 hour...

EUR/USD Weekly Forecast: Comprehensive Analysis and Future ProjectionsThe EUR/USD pair experienced a significant rebound last week, indicating that the correction from 1.1200 may have reached its conclusion at 1.1001. This development suggests that the...

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...

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...