| Updated: 
The EUR/USD pair is trading with a slight bearish bias at 1.1815 level amid a stronger dollar. On the 2 hour chart, the EUR/USD pair has formed a descending triangle pattern that can support the pair at a 1.1810 level and resistance at 1.1847. Checkout video analysis to know more about EUR/USD currency pair.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
British pound supported by positive UK labour market data On Wednesday British pound remained mainly higher against the US dollar, while additional support was received by upbeat labour market data from the United Kingdom.GBP/USD hit 1.5682 during European morning trade, currently the session […]
Air France-KLM share price down, worker unions postpone negotiations Air France-KLM faces further difficulties in negotiating with its employees after union representatives announced that they would not attend a planned meeting on Monday.Following last years pilot strike, the airline has agreed to meet […]
Germany’s business confidence highest since May 2023 Business sentiment in Germany has increased to its highest level since May 2023 in April, the latest data by the Ifo Institute showed.The Ifo Business Climate indicator was reported at 89.4 in April, while improving from 87.9 in the […]
Pound Slips as Dollar Rises on Iran and UK Political Risk Key Moments
GBP/USD trades near 1.3530 on Tuesday, down 0.59%, as risk aversion favors the US Dollar.
US political tensions with Iran and upcoming US CPI data underpin a 0.35% rise in the DXY to around 98.30.
UK Labour […]
Market Sentiment and Observations for 1st of October The American stocks’ session dipped down on Thursday with the DJIA, S&P500, Nasdaq, shedding off 1.59%, 1.19% and 0.44% from their market values, respectively. The weak performance is sending the September results with a 4% drop, the worst […]
Copper en route to worst quarter since 2011 Copper rebounded on Friday to trade near its previous close after plunging more than 1% during the Asian session. The industrial metal has been heavily pressured by Feds announced intention to taper its bond purchasing program during the […]