EUR/USD stays defensive above the 1.0690 barriers turned support
Seesawing at a seven-month high, the EUR/USD breaks a two-day winning run. Prices are held in check by one-week-old prior resistance even though purchasers seem to be losing pace. Additional negative filters come from the 50-HMA and the rising trend line…
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4 Global Market Updates- 2 January, 2023
In this article, we have covered the highlights of global market news about the GBP/USD, USD/CAD, USD/JPY and NZD/USD. GBP/USD Price Analysis: The pair breaks a two-day rally as the 200-day EMA tests buyers. Despite the market's lack of activity early on Monday, the…
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USD/CAD drifts at 1.3550 as inflation exceeds the Fed goal in 2023.
As investors avoid adding to their holdings throughout the holiday season, USD/CAD shows a sideways shape at 1.3550. As the general public anticipates inflation to be over 3% in CY 2023, the Federal Reserve may maintain its hawkish stance. Following…
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4 Global Market Updates- 30 December, 2022
In this article, we have covered the highlights of global market news about the EUR/USD, AUD/USD, NZD/USD and GBP/USD. EUR/USD Price Analysis: Mild between 2-week-old resistance and 10-day EMA In the first hour of Friday's European session, EUR/USD hits an intraday low of 1.0645. The…
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4 Global Market Updates- 28 December, 2022
In this article, we have covered the highlights of global market news about the EUR/USD, AUD/USD, GBP/USD and USD/CAD. EUR/USD rises beyond 100 and 200 HMA confluence Despite a slow Wednesday morning in Europe, the pair maintains a defensive position at 1.0645 and displays…
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