EUR/CHF Bounces Off 1.0720 to Trade Above 1.0733 After EU Data
The EUR/CHF currency pair on Thursday bounced off the 1.0720 level to surge above 1.0733 after the latest round of the EU data. The currency…
Forex
Forex Technical Major Pairs Analysis | August 05, 2021
USDX (USD Index) The bearish pressure on the U.S dollar index reversed near the 92.00 support level. The index printed a bullish close yesterday with…
USDJPY Pullback to Descending Trend Line
USDJPY is forming lower highs connected by a new descending trend line on its 4-hour time frame. Price recently bounced off the lows at 108.73…
USD/CAD Bounces Off 1.2520 to Trade Above 1.2544 After ISM Services PMIs
The USD/CAD currency pair on Wednesday bounced off the 1.2520 level to surge above the 1.2544 level after the latest round of US PMIs. The…
US Dollar Index (DXY) Slumps Amid Disappointing ADP Numbers, Falling Treasury Yields
The US dollar is weakening in the middle of the trading week as it joins the slump in the broader financial markets. From a disappointing…
HSBC Joins Other Banks To Prevent Card Payments To Binance
Binance is facing another setback as HSBC U.K. is preventing its customers from making payments to the crypto exchange’s platform. Binance, the largest cryptocurrency exchange…
GBP/JPY Rises Before Release of Upcoming Data, Interest Rates
The British pound sterling (GBP) comes in one of those currencies that maintain its stability during the worst condition of COVID. Today, the pound inched…
NZD/USD Jumps After Lower Unemployment Rate
The New Zealand dollar edged higher against the US dollar, reaching a high of 0.7000. It’s been a very beautiful voyage for the NZD/USD currency…