Trade Channel

2023-06-09

Mohamed Samy

June 9, 2023 : Analyzing Recen

The market bounced back from 1.0800-1.0850 but met with more sellers that pushed the prices down again. The 1.0930 level was a key barrier for buyers ...

2023-06-09

Mohamed Samy

June 9, 2023 : EUR/USD Intrada

The bulls also dominated the price action around the key level of 1.0550-1.0600, resulting in more bullish continuation towards 1.0800. In addition, ...

2023-06-09

Mohamed Samy

June 9, 2023 : GBP/USD Intrada

The US dollar still has support from the higher inflation expectations and the chance that the Fed may reduce its asset purchases. ...

2023-06-09

Alexander Dneprovskiy

Analysis of EUR/USD on June 9

On Friday, EUR/USD added several more dozens of pips after jumping by 120 the day before ...

2023-06-09

Mourad El Keddani

Technical analysis of GBP/USD

The GBP/USD pair retreats to 1.2580, looks to post some weekly gains. The GBP/USD pair gained its traction and rose to the 1.2580 area in the American ...

2023-06-09

Mourad El Keddani

Technical analysis of EUR/USD

The US Dollar has been losing ground against some of its major counterparts, such as the Euro and British Pound. In response, retail traders have been ...

2023-06-09

Igor Kovalyov

Bitcoin recovers losses amid S

What could be worse for BTC/USD than regulators' most menacing intervention in the cryptocurrency system, massive capital outflows, and fears of crypt ...

2023-06-09

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USD/CAD. "Canadian Nonfarms" e

"Canadian Nonfarms" disappointed traders. This fact reduces the likelihood of a rate hike at the next Bank of Canada meeting ...

2023-06-09

Alexandros Yfantis

Technical analysis on USDCAD f

USDCAD is under pressure. Price is trading around 1.3330 approaching the horizontal support area of 1.3250 where we find the lower boundary of the tra ...

2023-06-09

Alexandros Yfantis

Technical analysis on Gold for

Gold price is trading around $1,955. Price remains above the key black upward sloping medium-term support trend line but has also started forming lowe ...

2023-06-09

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What is the probability of a r

The latest data on unemployment claims in the United States shows a slowdown in the labor market, which means the U.S. economy is contracting. These d ...

2023-06-09

Alexandros Yfantis

Ichimoku cloud indicator anal

EURUSD is trading around 1.0767. According to the Ichimoku cloud in the 4 hour chart, short-term trend is bullish as price is trading above the cloud. ...

2023-06-09

Alexandros Yfantis

Technical analysis on Bitcoin

Bitcoin is trading around $26,700. Short-term trend remains bearish as price continues forming lower highs and lower lows. Price remains inside the re ...

2023-06-09

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Trading Signal for GBP/USD for

According to the eagle indicator, we can see that it is producing an extremely overbought signal. In the next few days, the British pound could make a ...

2023-06-09

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USD/CAD Outlook for June 9, 20

A new increase in volatility in the quotes of the Canadian dollar and the USD/CAD pair is expected today at 12:30 (GMT), as Statistics Canada releases ...

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