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
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 U.S. dollar declined from a two-week high on May 6. Remarkably, traders are focused on economic data that may provide clues…
The dollar reached its highest in over two weeks
According to the latest news, the U.S. dollar reached its highest in over two weeks. Remarkably, the possibility of…
EUR/USD analysis for May 4, 2021
Looking at the graph on the four-hour time frame, we see that the EUR/USD pair bounced off the upper resistance line and made a…
Dollar rebounds as U.S. yields rise
Biden will introduce a USD1.8 trillion package that would necessitate tax increases of 1.3 percent of GDP. This will be the…
The dollar trades close to nine-week lows
The United States Dollar traded close to nine-week lows on April 29. Remarkably, the dovish outlook from the FED and bold…
EUR/AUD analysis for April 29, 2021
Looking at the chart on the four-hour time frame, we see that we are moving in one ascending channel. We can notice that the…
GBP/CAD analysis for April 28, 2021
Looking at the chart on the four-hour time frame, we see that the pound is in pullback with reaching levels at 1.78862. Then we…
EUR/USD analysis for April 28, 2021
Looking at the EUR/USD pair chart on the four-hour time frame, we see that we have reached the upper trend line, and now here,…
The U.S. dollar rose as it eyed the FED’s policy statement
The U.S. dollar increased on April 28 as it eyed the U.S. Federal Reserve's policy statement.…
NZD/CAD analysis for April 27, 2021
The chart on the four-hour time frame shows that the NZD/CAD pair finds current support on the EMA200, making a pullback with…
EUR/GBP analysis for April 27, 2021
Looking at the chart on the four-hour time frame. We see that the EUR/GBP pair is now consolidating into one smaller rising…
The dollar hovered near multi-week lows before FED
The U.S. dollar hovered near multi-week lows against major peers on Tuesday. The American currency was weighed by…
The euro held at an eight-week top against the dollar
The euro held at an eight-week top against the greenback despite a disappointing sentiment survey in Germany.…
AUD/JPY analysis for April 26, 2021
Looking at the chart on the four-hour time frame, we see that the AUD/JPY pair is moving sideways, consolidating between…
AUD/CHF analysis for April 26, 2021
Looking at the graph on the four-hour time frame, we see a lateral movement in the zone between 0.70000-0.72500. The current…
The sterling recovered on Friday from a sharp decline
The British Sterling recovered on Friday from a sharp decline on Thursday. It was spurred by strong retail…
EUR/CHF analysis for April 23, 2021
Looking at the chart on the four-hour time frame, we see that the EUR/CHF pair is making a pullback after reaching a high at…
EUR/JPY analysis for April 23, 2021
Looking at the graph on the four-hour time frame, we see that the EUR/JPY pair of aces in one wavy channel tends to head towards…