News

EURUSD, “Euro vs US Dollar” EURUSD has completed a corrective wave, reaching 1.0833. After forming a narrow consolidation range around this level, the market moved upwards and rose to 1.0878. This entire structure is perceived as a wide consolidation range around 1.0833. Today downward momentum to 1.0807 is expected to start. A downward breakout of […]

The Australian dollar, paired with the US dollar, is growing on Friday. The current AUDUSD exchange rate stands at 0.6587. Over the past two days, the risk interest factor from investors in the global currency market has worked in favour of the Aussie. Additionally, the AUD has benefited from the local decline in the US […]

Fed Pushes Back on Rate-Cut Calls The US Dollar is seeing a decent bid across early European trading on Thursday. Last night, the Fed held its headline policy rate unchanged as expected while adding additional pushback against near-term rate-cut calls. The Fed warned that it was still too early to be expecting rate-cuts (signalling that […]

The EUR/USD pair isn’t catching a break, heading south for the second day straight and hovering around 1.0790 during the European session on Thursday. The mighty US Dollar is gaining traction against the Euro, riding high on the words of Federal Reserve Chair Jerome Powell, who slammed the door on a rate cut in the […]

USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are on the 200-day Moving Average on H4, which reveals the lack of any trend. However, a convergence has formed on the RSI, signaling about a possible price rise. As a result, the quotes are expected to break the 6/8 (0.8667) level and reach the resistance at […]

EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave to 1.0886. The news provoked a decline impulse to the 1.0816 level and a correction to 1.0860. Today the market has performed a structure of a decline wave to 1.0794. Next, a correction link to 1.0828 is expected. Once the correction is […]