AUD/USD Rises as US Home Sales Expectations Fall
The AUD/USD currency pair increased its price on Tuesday, benefiting from a green mark sticker. The AUD/USD pair’s previous performance at the start of the…
Posts Tagged: fundamental Analysis
Euro Gains Ground Against US Dollar as US Home Sales Drops
On Monday, the EUR/USD currency pair, enjoying a green mark sticker, raised its price. The EUR/USD pair’s previous performance from the beginning of the month…
WTI Crude Oil Bounces Off 61.80% Fib Level to Top $41.15 After Pullback
The price of oil on Friday bounced off the 61.80% Fib level to surge towards 76.40% Fib level before pulling back late on to settle…
Gold Bulls Rally Price to 4-Week Highs Amid Second Wave of COVID-19
The price of gold on Friday rallied to retest the current 4-week highs of about $1,742 amid the second wave of COVID-19 pandemic. Gold continues…
Bitcoin Continues to Consolidate Below $10,000 Key Level
The bitcoin price is trading within a consolidative wedge formation after facing strong resistance around the key level 10,000. The price of the pioneer cryptocurrency…
EUR/CHF Finds Support Around 1.0650 After German PPI
The EUR/CHF currency pair on Friday found support around the 1.0650 level as it continued to trade within a descending triangle formation. The pair has…
The Euro Continues to Lose Ground Against the US Dollar After EU CPI
The EUR/USD currency pair on Thursday continued to trade in a descending channel amid persistent bearish pressure. The currency pair recently performed a trend reversal…
USD/CNY Ends Volatile Week Relatively Even After Chinese Data
The USD/CNY currency pair on Friday gained, then lost some ground before bouncing back to end the week just below the current weekly highs of…