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…
The pound fell ahead of a European Central Bank meeting
The British pound declined on April 22 in a quiet currency market trade ahead of a European Central Bank…
EUR/CAD analysis for April 22, 2021
Looking at the chart on the four-hour time frame, we see that we are also moving in a growing channel. And let's now test the…
The dollar increased from a seven-week low
The U.S. currency increased on April 21 from a seven-week low hit overnight. It was spurred by broad weakness in stock…
AUD/USD analysis for April 21, 2021
Looking at the graph on the four-hour time frame, we see that we are moving in a descending channel. After finding support at…
GBP/USD analysis for April 21, 2021
Looking at the chart on the four-hour time frame, we see that after arriving in the zone around 1.40000, the GBP/USD pair makes…
The dollar traded close to a six-week low against its peers
The U.S. dollar traded close to a six-week low versus its peers on April 20. Meanwhile, U.S. bond yields…
AUD/CHF analysis for April 20, 2021
Looking at the chart on the four-hour time frame, we see that the AUD/CHF pair is in declining consolidation, where the AUD/CHF…
AUD/NZD analysis for April 20, 2021
Looking at the graph on the four-hour time frame, we see that the AUD/NZD pair moves in one larger ascending channel, where…
The U.S. dollar declined to a six-week low against major peers
On Monday, April 19, the U.S. dollar declined to a six-week low against major peers. Moreover,…
The dollar rose, helped by a surge in U.S.Treasury yields
The U.S. dollar increased on April 13, helped by a surge in U.S.Treasury yields. However, the currency was…
GBP/NZD analysis for April 13, 2021
Looking at the chart on the four-hour time frame, we see the movement in a growing channel with support for moving averages,…
Pound falls to a 5-week low against euro
On Wednesday, the British pound declined. This comes as profit-taking by traders after a strong first quarter for the…
EUR/CHF analysis for April 8, 2021
Looking at the chart on the four-hour time frame, we see that the EUR/CHF pair is now testing the 1.10150 level and opening up…
EUR/JPY analysis for April 08, 2021
Looking at the chart on the quadruple time frame, we see that the EUR/JPY pair fails to stay above 130.50 and makes a pullback,…
NZD/USD analysis for April 6, 2021
looking at the chart on the four-hour time frame, we see that the NZD/USD pair has found support at 0.69450 and will now be in a…
AUD/CAD analysis for April 6, 2021
Looking at the chart on the four-hour time frame, we see that the AUD/CAD pair is in a downward trend. After reaching a maximum…
GBP/CAD analysis for April 5, 2021
Looking at the four-hour time frame graph, we see that the GBP/CAD pair found support around 1.73400 on Fibonacci retracement…