ContributorsPublishersAdvertisers

#Currency Pair

dailyforex.com

Forex Forecast: Pairs in Focus

The difference between success and failure in Forex trading is very likely to depend mostly upon which currency pairs you choose to trade each week and in which direction, and not on the exact trading methods you might use to determine trade entries and exits. When starting the trading week,...
MARKETS
Picture for Forex Forecast: Pairs in Focus
dailyforex.com

Trading Support and Resistance

This week we will begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 20 years of Forex prices, which show that the following methodologies have all produced profitable results:. Trading the two...
MARKETS
Picture for Trading Support and Resistance
actionforex.com

Daily Technical Analysis

The dollar continues to appreciate against the common European currency and has reached a local bottom at 1.1185. At the time of writing, the currency pair is trading in a consolidation phase in the zone between 1.1185 and 1.1230. The expectations are for the pair to retest the support at 1.1185, and to possibly head towards 1.1125. In the positive direction, the first resistance lies at 1.1230.
CURRENCIES
Picture for Daily Technical Analysis
TRENDING TOPICS
actionforex.com

The Analytical Overview Of The Main Currency Pairs

Germany’s GDP growth estimate for Q3 worsened to 1.7% from 1.8%. Analysts believe the economic performance across Europe will worsen in Q4 due to the introduction of new restrictions to combat the Covid-19 wave. Trading recommendations. Support levels: 1.1168. Resistance levels: 1.1256, 1.1386, 1.1436, 1.1535, 1.1613, 1.1667, 1.1717. From a...
CURRENCIES
FXStreet.com

EUR/USD Price Analysis: Seesaws near 16-month low on the way to 1.1000

EUR/USD bears take a breather after refreshing multi-day low. Clear break of the key Fibonacci retracement support hints at further downside. Late June 2020 low offers immediate support ahead of 78.6% Fibonacci retracement level. 1.1500, 200-week SMA adds to the upside filters. EUR/USD picks up bids to refresh intraday high...
CURRENCIES
actionforex.com

USDCAD: Impulsive Trend Could Weigh On Prices

The formation of the USDCAD currency pair suggests the development of a large correction trend. This takes the form of a standard (A)-(B)-(C) zigzag. At the end of October, the downward movement of the market ended within the primary correction Ⓑ. This took the form of a bearish double zigzag (W)-(X)-(Y) of the intermediate degree. Then we saw an impulsive growth within the primary wave Ⓒ.
CURRENCIES
US News and World Report

Analysis-Surging Dollar Awakens Volatility in Currency Markets

NEW YORK (Reuters) - Volatility is bubbling up in foreign exchange markets, as bets on how aggressively central banks will tighten monetary policy in the face of surging inflation boost the dollar and exacerbate swings in global currencies. The Deutsche Bank Currency Volatility Index, which measures expectations for gyrations in...
BUSINESS
actionforex.com

The Analytical Overview Of The Main Currency Pairs

Europe continues to face power shortages in the region. Electricity prices in some countries are approaching historic highs. The business activity index in Europe increased unexpectedly, which was a surprise to analysts who had expected a slowdown in activity, especially in the manufacturing sector. However, there are no fundamental reasons for the euro to rise now as the ECB continues to print money actively.
CURRENCIES
learn2.trade

GBP/USD Continues Bearish Run, Faces Rejection at Level 1.3500

GBP/USD pair has been in a downward move. The currency price is making a series of lower highs and lower lows. The Pound is falling after rejection from level 1.3500. On November 12 downtrend; a retraced candle body tested the 78.% Fibonacci retracement level. The retracement indicates that the Pound will fall to level 1.272 Fibonacci extension or level 1.3222.
CURRENCIES
YOU MAY ALSO LIKE