EURUSD Price Analysis – August 6 EURUSD is seeing a gradual increase and scarcely influenced by a recent price falling. EURUSD entered the pressure zone for selling, at around 1.1916 level. The move here was instantly and dramatically rejected, prompting EURUSD to sink by over 50 pips. Nonetheless, another rally may stay unclear if tensions […]
EURUSD Price Analysis – August 3 EURUSD has begun the week on a negative basis and is adding losses underneath the 1.18 benchmark to the prior session low, all amid a widespread profit-taking trend and a strong dollar correction. EURUSD ended the session on Friday in the negative territory as the push to fresh 2-year […]
EURUSD Price Analysis – July 30 Investors are taking a breather after notching new highs beyond the 1.1800 mark in the prior session, although at the time of this post EURUSD established on a corrective pullback to the mid-1.1700s level. Statements from Fed marginally impacted risk bias and compelled investors to cover some gains after […]
EURUSD Price Analysis – July 27 Earlier on Monday EURUSD reported new 23-month peaks in the 1.1750 area, extending the positive momentum to the present session. The latest progress reached Monday’s new 23-month high as the single currency is also boosted by growing tensions between the US and China dragging greenback to the lowest levels […]
EURUSD Price Analysis – July 23 EURUSD’s upward traction stopped from its rise to a level of 1.1600 as the technical view of the pair indicates a correction. The Euro’s advance edges lower on Thursday in early European trading, as increasing U.S./China tensions affect risk sentiment. China is set to respond in retaliation to the […]
It was a slow start to the week, with the greenback finishing the day lower versus most major competitors. Market participants have been trapped between the continuing rise in cases of U.S. coronavirus and reports of success in another vaccine. Reports suggested that in a large, early-stage human trial, the Oxford/AstraZeneca coronavirus vaccine induced a […]
EURUSD Price Analysis – July 20 EURUSD continued to trade around the 1.1452 high level as EU leaders prolonged Monday’s recovery fund meeting to another day. The old continent’s leaders have prolonged their bargaining for the fourth day, trading to sign off on a recovery fund – and they’re right on the brink of a […]
Day trading or swing trading? I find that to be a very loaded question. New traders are always curious to know which trading style is preferable. Although both trading styles have their distinct advantages and disadvantages, the important thing to find out is which of the two best suits your personality. In this article, we […]
The forex markets in today’s subdued trading are normally trapped within yesterday’s range. At the start of the session, Chinese stocks attempted a turnaround, but quickly switched to red again, continuing with the mini-crash on Thursday. But other Asian markets are mixed, with little close overnight reaction to weaker US. As for the week, Euro […]
