How to trade EURUSD ahead of European Manufacturing PMI release
Euro (EUR) rose against the U.S. Dollar (USD) during the week ending on May 21, 2021, increasing the price of the EURUSD pair to more than 1.2200, ahead of the release of the European Manufacturing PMI news Technical Analysis As of this writing, the EURUSD pair affirms around 1.2230. On the upside, the pair might […]
How to trade AUDUSD ahead of the U.S. Consumer Price Index News
The Australian Dollar (AUD) rose against the U.S. Dollar (USD) last week, increasing the price of the AUDUSD pair to more than 0.7700, ahead of the release of U.S. Consumer Price Index news. Technical Analysis As of this writing, the AUDUSD pair affirms around 0.7774. While moving upward, the pair might face some resistance near […]
How to trade USDJPY Ahead of the U.S. ADP Employment Change News
The U.S. Dollar (USD) inched higher against the Japanese Yen (JPY) last week, increasing the price of the USDJPY pair to more than 108.00, ahead of the release of U.S. ADP Employment Change news. Technical Analysis As of this writing, the USDJPY pair affirms around 108.59. If the price keeps increasing, the pair might face […]
Trading USDCAD Ahead of U.S. Retail Sales Release News
The U.S. Dollar (USD) slid down against the Canadian Dollar (CAD) the week ended on April 11, 2021, decreasing the price of the USDCAD pair to less than 1.2600 ahead of the release of U.S. Retail Sales News. The technical bias remains bearish since the pair printed a lower low in the recent downside move. […]
Trading Cable ahead of US Services PMI News
The Great Britain Pound (GBP) rose against the U.S. Dollar (USD) last week, increasing the price of the GBPUSD pair to more than 1.3800 ahead of the release of U.S. ISM Services PMI news. The technical bias remains bullish because the cable printed a higher high in the recent upside move. Technical Analysis As of […]
How to trade EURUSD ahead of the NFP release
Continuing a bearish momentum, the Euro (EUR) slid down against the U.S. Dollar (USD) last week, decreasing the price of the EURUSD pair to less than 1.1800, ahead of the release of U.S. Nonfarm Payroll news. Technical Analysis As of this writing, the EURUSD pair hovers around 1.1726, with multiple support levels in sight. If […]