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Tag: Main Pairs

EUR / USD Price Analysis: Another visit to 1.1700 not ruled out

EUR / USD Price Analysis: Another visit to 1.1700 not ruled out

EUR / USD bounces away from lows near the 1.1720 region on Wednesday. The next key area in dispute arises in the neighborhood of 1.1700. After a dip to multi-day lows at the 1.1720 / 15 zone earlier in the session, the EUR/USD it has managed to return to positive territory near 1.1770 at the […]

USD / CHF cuts initial modest gains, lateralized below 0.9150

USD / CHF cuts initial modest gains, lateralized below 0.9150

USD / CHF struggled to capitalize on its modest initial gains to three-day highs. A dovish USD price action was seen as a key factor limiting the pair’s gains. The disappearance of the safe haven demand undermined the CHF and helped limit deeper losses. The pair USD/CHF cut out Modest initial gains at three-day highs […]

USD / CAD continues to move sideways near 1.3150

USD / CAD continues to move sideways near 1.3150

USD / CAD is fluctuating in a tight range on Wednesday. WTI consolidates Tuesday’s gains, holding quiet near $ 40. Market action is likely to remain subdued for the remainder of the day. After Tuesday’s modest recovery, the pair USD / CAD it is moving in a tight range on Wednesday and is having a […]

AUD / USD slowly approaching 0.7200 amid modest DXY correction

AUD / USD slowly approaching 0.7200 amid modest DXY correction

AUD / USD is rebounding after Tuesday’s slide. The US Dollar Index consolidates near 93.50. Data ahead: wholesale inflation in the US and employment in Australia. He AUD / USD closed the first two days of the week in negative territory and is making a technical rally on Wednesday. At time of writing, the pair […]

EUR / USD extends slide to 1.1720 ahead of ECB speech

EUR / USD extends slide to 1.1720 ahead of ECB speech

EUR / USD remains on the defensive well below 1.1800. Investors’ attention remains on US politics and the pandemic. An ECB speech and eurozone industrial production data are prominent on today’s economic calendar. The pair EUR/USD extends the drop towards the region of 1.1720, reaching new lows of several days at levels not seen since […]