Good evening. Despite some fluctuations, the EUR/USD pair managed to recover and climb above 1.0684 after a brief dip. Interestingly, no new announcements were made during the latest meeting regarding the commencement of tapering the asset purchase...
The GBP/USD pair has shown notable fluctuations recently, driven by a mix of economic data, geopolitical events, and central bank policies. As of the latest trading sessions, the pair has been hovering around the 1.2700 level, exhibiting both...
In forex trading, a chart pattern is a distinctive formation created by the price movements of a currency pair on a chart. These patterns are essential tools for technical analysis, as they help traders predict future price movements based on...
Initially, the U.S. dollar strengthened against the Japanese yen and continued to rise. But hesitate a moment as we approach the Federal Open Market Committee (FOMC) meeting on Wednesday and the Bank of Japan on Friday. This expectation means that a...
EUR/USD: A Roadmap to Successful Trading We will discuss the current behaviour of the EUR/USD currency pair. The EUR/USD price returned above the resistance zone, defined by levels 1.0791-1.0806 and 1.0816-1.0826. This subsequent consolidation...