Tag: Technical analysis

The GBP/USD pair saw a decline from 1.3433 last week, dropping to 1.2842 before bouncing back. The outlook for this week is uncertain, with a neutral bias for potential consolidations initially. However, a further...

The EUR/USD pair experienced a notable fall recently after being rejected by the 55 4-hour Exponential Moving Average (EMA) at 1.0832. Despite this, it managed to stay above the temporary low of 1.0760. At...

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 US Dollar has been gaining strength this week despite lower Treasury yields and limited economic data. Stanley Druckenmiller suggested that the market may be anticipating a Trump victory, which could explain the recent...

The US Dollar's bullish momentum appears to be slowing down despite the recent higher-than-expected US CPI and PPI reports. The market has adjusted its expectations for aggressive rate cuts and is now in line...

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 US Dollar saw a strong rally last Friday after a positive US NFP report, leading to a shift in market expectations regarding rate cuts. This week, the greenback continued to rise as the...

The USD saw a rise in value last Friday after a strong US NFP report. This caused the market to adjust its expectations for rate cuts, aligning more closely with the Fed's projections. Moving...