News

Feb 27
Technical Analysis & Forecast 26.02.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range around the 1.0823 level. A decline link to 1.0808 is expected today. Next, a rise to 1.0823 might follow (a test from below). With an escape from this range downwards, a decline to 1.0790 could form, from where the trend might extend […]

Feb 27
AUD halted its growth. Overview for 26.12.2024

The Australian dollar, paired with the US dollar, has halted its rise. The current AUDUSD exchange rate stands at 0.6555. The Aussie had been on the rise for eight consecutive sessions. Given the continued weakness of the US dollar, the AUD’s temporary pause is attributed to technical factors and the upcoming statistics. The Consumer Price […]

Feb 26
Fed In Focus As Traders Await US PCE Data

  USD On Watch The US Dollar is in focus this week as traders brace for a slew of tier-one data. The headline release to focus on will be core PCE data due on Thursday. Given the importance of the data for the Fed in calculating true inflation, the release holds the potential to create […]

Feb 26
Ethereum and Platinum are on the Rise

The price of Ethereum is trying to undergo a correction, although its depth is not known yet. The asset’s price might potentially rebound to the broken level of 2716.50, pull back, and rise. So, let’s observe whether it is likely to happen. The price of Brent oil rebounded from the resistance level of 84.00 and […]

Feb 26
Murrey Math Lines 26.02.2024 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” EURUSD quotes are on the 200-day Moving Average on H4, revealing a lack of any trend. The RSI is testing the support line. As a result, in this situation, the quotes are expected to rise above 3/8 (1.0833), later reaching the resistance at 5/8 (1.0894). The scenario could be cancelled […]

Feb 26
EUR remains expensive. Overview for 26.02.2024

The primary currency pair appears strong on Monday. The current EURUSD exchange rate stands at 1.0822. Although the week begins calmly, investors will have numerous reasons to react later. The US inflationary components will be particularly crucial, given the Federal Reserve’s cautious stance on interest rates. On Thursday, the inflationary components, including core PCE and […]