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EUR/USD zone from February 1.22000
EUR/USD zone from February 1.22000
The EUR/USD pair managed to climb to 1.22000, the place where it was on 25.02 this year. The dollar is still losing ground and is…
The dollar dips amid expectations of low interest rates
The dollar dips amid expectations of low interest rates
The U.S. dollar plumbed a six-year low against the Canadian dollar. It wobbled close to multi-month lows…
GBP/AUD 1.82000 zone high resistance, analysis for May 17
GBP/AUD 1.82000 zone high resistance, analysis for May 17
Looking at the GBP/AUD pair on the daily time frame, we can do the following technical analysis. We will…
NZD/USD analysis for May 17, 2021
NZD/USD analysis for May 17, 2021
Looking at the chart on the daily time frame, we can do the following technical analysis. After reaching the previous high at…
The dollar found pockets of support as Fed minutes near
The dollar found pockets of support as Fed minutes near
The U.S. dollar found pockets of support in Asia on May 17. However, it struggled to record gains, as…
U.S. Treasury yields fall as inflation grows in America
U.S. Treasury yields fall as inflation grows in America
On May 13, U.S. Treasury yields declined slightly after more hot inflation data. The yield on the benchmark…
The dollar rose, supported by higher Treasury yields
The dollar rose, supported by higher Treasury yields
The U.S. dollar held gains on May 13, supported by higher Treasury yields. Notably, a bigger-than-anticipated…
EUR/USD Fibonacci level testing, analysis for May 13, 2021
EUR/USD Fibonacci level testing, analysis for May 13, 2021
As we can see in the chart, the pair currently tests a very significant 61.8% Fibonacci level at 1.21000.…
Bulls Coming to Terms with Inflation
Bulls Coming to Terms with Inflation
Bulls had to fight hard to recover from intraday downside, and hadn‘t managed to close the menacing gap at the open.…
Euro climbs on upbeat sentiment data
Euro climbs on upbeat sentiment data
The euro rose on Tuesday, hovering just below a two-and-a-half-month high set the day before. The ZEW economic research…
NZD/USD analysis for May 11, 2021
NZD/USD analysis for May 11, 2021
Looking at the graph on the four-hour time frame, we can do the following technical analysis. We are in a growing trend from the…
EUR/JPY analysis for May 11, 2021
EUR/JPY analysis for May 11, 2021
Looking at the graph on the four-hour time frame, we can do the following technical analysis. The EUR/JPY pair moves in one larger…
Australian and New Zealand dollars hit 10-week highs
Australian and New Zealand dollars hit 10-week highs
On May 10, the risk-sensitive currencies, the Australian and New Zealand dollars, rose to near 10-week highs…
GBP/USD analysis for May 10, 2021
GBP/USD analysis for May 10, 2021
Looking at the chart on the four-hour time frame, we see that the GBP/USD pair made a break above the essential level at 1.4000.…
EUR/USD analysis for May 10
EUR/USD analysis for May 10
Looking at the chart on the daily time frame, we see that the EUR/USD pair, after consolidation around the top line of this channel,…
China’s foreign exchange reserves reached $3.198t in April
China's foreign exchange reserves reached $3.198t in April
According to Friday's official data, China's foreign exchange reserves rose to $3.198 trillion in April…
NZD/USD analysis for May 6, 2021
NZD/USD analysis for May 6, 2021
Looking at the graph on the four-hour time frame, we see that after reaching the previous high at 0.74645, there was a drop to…
EUR/USD analysis for May 6, 2021
EUR/USD analysis for May 6, 2021
Looking at the graph on the four-hour time frame, we see that the EUR/USD pair is moving in a descending channel, making certain…
The dollar fell from a two-week high
The dollar fell from a two-week high
The U.S. dollar declined from a two-week high on May 6. Remarkably, traders are focused on economic data that may provide clues…
NZD/CHF analysis for May 5, 2021
NZD/CHF analysis for May 5, 2021
Looking at the graph on the four-hour time frame, we see that we are in a corrective channel after reaching the previous high at…