The euro (EUR) weakened against the US dollar (USD) on news that inflation in the United States rose by 3.1% […]
Daily Technical Analysis on EUR/USD: Oversold levels may be present
Generally, the euro (EUR) is considered one of the weaker currencies when the U.S. dollar (USD) is trending towards strength. […]
Daily Technical Analysis on GBP/USD: Downtrend gains strength as pound enters difficult month
The most recent behavior of the British Pound (GBP) can serve as a warning that February is generally a difficult […]
Daily Technical Analysis on XAU/USD: The trend continues to be supported
Recently, currency markets have been under pressure due to a much better performance by bonds, following a report that commented […]
Daily Technical Analysis on EUR/USD: Downtrend Gains Strength
Today, the EUR/USD will be affected by the Purchasing Managers’ Index reading for the services sector for both the Eurozone […]
Daily Technical Analysis on GBP/USD: Trend remains unchanged
The GBP/USD is trading in anticipation of a policy update from the British Central Bank this week. The Bank of […]
Daily Technical Analysis on EUR/USD: EUR/USD looks to reach much stronger support levels
Those looking for a stronger dollar in the market may feel disappointment if the EUR/USD finds significant support in the […]
Technical Analysis on XAU/USD: The Prices continue to rise
At the beginning of this week, advances and pullbacks have been evident in the XAU/USD price. For now, the only […]
Daily Technical Analysis on USD/JPY: Lots of speculation awaiting US growth and inflation data
The currency pair is currently overbought, and a downtrend may occur. However, investors should know what may happen in the […]
Daily Technical Analysis on BTC/USD: Bitcoin remains in the support zone
After reaching the 38,500.00 USD level on Tuesday this week, the BTC/USD price has left the lows and is now […]