Tag: Technical analysis

EUR/USD is currently in a consolidation phase after reaching 1.0667, and the short-term bias is neutral. The resistance level at 1.0760 is expected to...

This week, the focus will be on speeches by Fed officials, with five out of eight scheduled appearances featuring hawkish members. This could push...

The EUR/USD pair saw a bounce on Monday as traders took profits from the previous week's fall. Despite weaker than expected German Ifo data,...

The EUR/USD pair bounced back strongly from a weekly low of 1.0670 in Monday's European session as the demand for risky assets increased. This...

The USD/JPY currency pair's daily forecast shows that the intraday bias is currently on the upside. The ongoing rally is expected to reach the...

The USD/CHF pair took a dive to 0.8825 last week before making a strong recovery. Currently, the initial bias is neutral for consolidations above...

The recent data from Eurostat has shown a rise in inflation in the Eurozone countries, reaching 2.6% in May. This increase in consumer prices...

Silver prices experienced a significant drop, falling 3.86% due to the influence of strong US Treasury bond yields and a robust US Dollar. The...

The GBP/USD pair continued to decline last week, falling from the short-term high of 1.2859 despite a temporary recovery. This week, the initial bias...

The upcoming events for the week include various economic indicators from different countries. On Monday, we have the Bank of Japan releasing the Summary...