AUD/USD started a fresh decline from the 0.6980 resistance. NZD/USD is also declining and might even trade below the 0.6150 support. Important Takeaways for AUD/USD and NZD/USD· The Aussie Dollar started a fresh decline below the 0.6920 support zone against the US Dollar.
ETHUSD – Bearish Doji Star Pattern Below $1279Ethereum was unable to sustain its bullish momentum and after touching a high of 1278 on 26th June started to decline heavily against the US Dollar. We can see that the prices have fallen below the $1100 handle and now trading at $1052 in
The Turkish Lira has been a currency that has held the international limelight for a few months now, largely due to the massive volatility that it has been experiencing as Turkey's national economy struggles with outlandish levels of inflation. Over the last few months, Turkey has been battling inflation levels
EUR/USD started another decline and traded below 1.0550. USD/CHF is consolidating and facing many hurdles near the 0.9580 zone. Important Takeaways for EUR/USD and USD/CHF· The Euro failed to gain pace for a move above the 1.0600 resistance zone against the US Dollar.
BTCUSD – Bullish Engulfing Pattern Above $19700Bitcoin continues its bullish momentum this week as the price is moving upside now trading above the $20000 handle in the European Trading session. We can see a continued consolidation in the levels of Bitcoin after every decline and the prices are now gaining a
The Euro is making steady progress at the moment, and has risen by 0.3% during the course of the night, starting the day just above its 50-day moving average. That represents a strong position for the Euro, which had a value of $1.0578 against the strong US Dollar
For a number of weeks, the British Pound has been down in the dumps, performing very weakly against its de facto peers, the Euro and the US Dollar. As this week's trading sessions begin across Europe, the Pound sits at a stagnant 1.16 against the Euro, and an equally
GBP/USD could gain pace if it clears the 1.2320 resistance zone. USD/CAD is sliding and could extend losses below the 1.2870 level. Important Takeaways for GBP/USD and USD/CAD· The British Pound is attempting an upside correction from the 1.2150 support zone. · There is
In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports. Why are oil prices going down? What ECB president Christine Lagarde had to say at a hearing at the Committee on Economic and Monetary Affairs of the European Parliament?
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