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 […]
How to Trade USDCAD Ahead of U.S. Retail Sales Release
The U.S. Dollar (USD) rose against the Canadian Dollar (CAD) the week ended June 06, 2021, increasing the price of the USDCAD pair to more than 1.2000 ahead of the release of the U.S. Retail Sales News. Technical Analysis As of this writing, the USDCAD strengthens around 1.2088. Should the price keep increasing, the pair […]
How to Trade GBPUSD Ahead of NFP News
The Great Britain Pound (GBP) slid down against the U.S. Dollar (USD) on Friday (June 04, 2021), decreasing the price of the GBPUSD to less than 1.4100, ahead of the release of U.S. Nonfarm Payroll news. Technical Analysis As of this writing, the GBPUSD floats around 1.4087. Should the price decrease further, the pair might […]