Bollinger bands draw an ascending channel with a narrow band indicating bulls with low volatility, RSI level 59 with an ascending channel, has not yet reached the overbought level in H1. Today's Italian Bank Holiday may lower trading volumes ...

EURUSD only

EURUSD rebounds after meeting 1.0247 support, further decline is possible On Friday's trading, the EURUSD pair rose drawing a bullish candle from the low of 1.02620 to the high of 1.03099 and closed at 1.03066. Even though it is rising, this ...

What happen in the market today?

Happy weekend, and enjoy your holiday. EURUSD moved slowly at the weekend.

EURUSD only

The pound sterling is under pressure from the strengthening of the USD in early 2025 Yesterday, the GBP/USD currency pair drew a bearish candle with a long body crossing the lower band line indicating a strong downtrend. Price formed a high of ...

What happen in the market today?

Just waiting for the TP and it has been reached, so maybe waiting for a new swing

EURUSD only

EURUSD breakout in the H1 timeframe, there is potential for the USD to strengthen further against the Euro, today we are waiting for US Unemployment Claims data.

EURUSD only

What are the prospects for gold prices in 2025? Gold price is now trading at around $2623 moving below the middle band line. At the end of 2024, the gold price drew a bullish candle with a body larger than the previous bearish candle. Price formed a ...

What happen in the market today?

Ahead the new year the market may be quiet because some banks close early, but movements can also become chaotic because traders close positions.

EURUSD only

Approaching the new year the price of the Chinese Yuan weakens USD/CNH prices in Monday's trading session showed USD strengthening against CNH and drawing a bullish long-body candle after the previous week moved in a narrow space during the ...

What happen in the market today?

EUR/JPY is trading with low volume on Friday The EURJPY pair drew a small bearish candle on Friday after Japan released inflation and employment data. Price formed a high of 164,819, a low of 164,017, and closed at 164,428 on FXOpen. Japan released ...

What happen in the market today?

USDJPY extends to rise post-Christmas The USDJPY currency pair yesterday drew a bullish candle continuing the JPY's weakness amid fading expectations of a BoJ interest rate hike. Price draws a slightly long-body bullish candle past the previous ...

What happen in the market today?

The EUR/USD pair is forecast to be flat due to the Christmas holidays In today's trading, the EURUSD pair opened with a slight gap. The open price at 1.04201 was higher than the previous closing of 1.03922 on FXOpen. EURUSD price movements ahead of ...

What happen in the market today?

Trading was disabled on Christmas Day, however, trading positions are still floating.

EURUSD only

Bitcoin increases even ahead of Christmas When the forex market is more sluggish due to the decline in trading volume ahead of Christmas, it is different from Bitcoin in the crypto market. BTCUSD rose yesterday drawing a bullish long-body candle ...

What happen in the market today?

Ahead of Christmas, trading volume may decrease because some banks close early, such as those in Germany that are closed today.

EURUSD only

USDCHF rose around 0.90018 as USD strengthened. The USDCHF pair yesterday drew a bullish candle with a long body almost the same as the length of the previous bearish candle. USDCHF price formed a low of 0.89216, a high of 0.90018, and closed at ...

What happen in the market today?

EURUSD recovered at the weekend, the H1 price below the upper band, RSI at level 52. There is no news highlight today, the market may be a bit sluggish.

EURUSD only

Will gold shine even more towards the end of the year? The price of gold on Friday last week drew a bullish candle with a fairly long body. Price formed a high of $2631, a low of $2589, and closed at $2622 on FXOpen. Throughout 2024, the price of ...

What happen in the market today?

EURUSD consolidation is now moving between the middle and lower band lines. Bollinger bands draw a flat channel. RSI level 38 with a flat channel moves below the downtrend level. Maybe wait for the US PCE index data which will be released today.

EURUSD only

The Japanese yen weakened more against the US dollar The price of the USDJPY pair yesterday drew a long-body bullish candlestick with a slight shadow on the top candle. Price formed a low of 154,439, a high of 157,807, and closed at 157,396. The ...

What happen in the market today?