Trading EURUSD ahead of European Market Manufacturing PMI News

Euro (EUR) slid down against the U.S. Dollar (USD) on Monday (September 20, 2021), decreasing the price of the EURUSD pair to less than 1.1800, ahead of the release of the European Market Manufacturing PMI news.  Technical Analysis  As of this writing, the EURUSD hovers around 1.1713. Should the price keeps decreasing, the pair might […]

USDCAD Pulls Back Ahead of US GDP News

The U.S. Dollar (USD) inched higher against the Canadian Dollar (CAD) on Wednesday (August 25, 202l), increasing the price of the USDCAD pair to more than 1.2600, ahead of the release of the U.S. Gross Domestic Product (GDP) news.  Technical Analysis  As of this writing, the USDCAD strengthens around 1.2614. Should the price continue to […]

Trading GBPUSD Ahead of U.S. ADP Employment Change News

The Great Britain Pound (GBP) inched higher against the U.S. Dollar (USD) on Wednesday (August 04, 2021), increasing the price of the GBPUSD to more than 1.3900, ahead of the release of U.S. ADP Employment Change news.  Technical Analysis  As of this writing, the GBPUSD strengthens around 1.3927. If the price keeps increasing, the pair […]

Trading EURUSD ahead of European GDP News

The Euro (EUR) plunged against the U.S. Dollar (USD) on July 28, 2021, decreasing the price of the EURUSD pair to less than 1.1900, ahead of the release of the European Gross Domestic Product (GDP) news. The technical bias remains bearish since the pair printed a lower low in the recent downside move.   Technical […]

Trading AUDUSD Ahead of US Consumer Sentiment News

The Australian Dollar (AUD) slid down against the U.S. Dollar (USD) on Thursday (July 15, 2021), decreasing the price of the AUDUSD pair to less than 0.7500, ahead of the release of the U.S. Michigan Consumer Sentiment Index news. Technical Analysis  As of this writing, the AUDUSD pair floats around 0.7459. If the price continues […]

How to Trade USDJPY Ahead of U.S. Retail Sales Data

The U.S. Dollar (USD) inched higher against the Japanese Yen (JPY) last week, increasing the price of the USDJPY pair to more than 109.00, ahead of the release of the U.S. Retail Sales news. The technical bias remains bullish since the pair printed a higher low in the recent downside move. Technical Analysis  As of this […]