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Forex Technical Analysis

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EURUSD Crashes Again, Drops to 2016 Lows

The pressure on the single currency is nowhere to end, pushing the EURUSD pair to new cycle lows below 1.04 for the first time since December 2016.

Nasdaq Declines Sharply Following US Inflation Data

Another day, another sell-off in US stock markets. At the time of writing, the Nasdaq 100 index was down 1.5% on the day, having completely erased a gain of nearly 2% from earlier today.

EURUSD Defends 1.05 For Now

The EURUSD pair traded relatively flat on Tuesday, hovering near 1.0550 ahead of the US session

Silver Crashes Below 22 USD

As the USD strengthened again, pushing the dollar index above 104 for the first time in 20 years, the precious metals dropped notably, sending silver 2% lower on Monday.

EURUSD Ticks Lower after US jobs data

The EURUSD pair moved lower from its daily highs but remained somewhat higher on the day, trading at 1.0560 shortly after the US labor market figures.

GBPUSD Craters to 2-Yr Lows After BoE Disappointment

The GBPUSD pair, also known as the cable, was down nearly 2% during the US session on Thursday, reacting to the latest Bank of England monetary policy decision.

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