EURUSD Update For Oct 21st 2021
Price EURUSD at the time of writing this - 1.1655 Price EURUSD at the time of writing this – 1.1655The return of the Euro from 1.1617 to 1.1658 yesterday suggests that Tuesday’s re-test near the 3 week high of 1.1669…
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Purpose of Moving Averages
The foreign exchange market, or forex for short, is a dynamic environment where precision reigns supreme. To navigate the intricate web of currency movements, traders rely on a diverse arsenal of tools and strategies. Among these, one stands out for…
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AUD/USD update for October 20th, 2021
The Australian dollar has resumed its recovery against the US dollar. AUD/USD has risen to 0.7471, up 0.80% on the day. The pair is at its highest level over last 4 months. The RBA minutes reiterated the old familiar message…
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Gold Making Fresh Gains
Gold prices bring in some new gains over $ 1,770 amid recent pullbacks on the greenback. The US Treasury yields dipped a bit to trade at 1.57% with a loss of 0.57%, weighing on the dollar. The lower value of…
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Important EUR/USD update for October 19th, 2021
EUR/USD is trading near 1.1650, trading at its three-week high. The pair is benefiting from risk sentiment, which is causing the decline in the US dollar. The EUR/USD daily chart shows that the pair is moving within the range of 1.1560…
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