Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

 

The EUR/USD pair has violated the symmetric triangle pattern, and the pair is now trading bullish at 1.1900 level. Most of the bullish trend is trigger over dovish Fed Chair Speech, causing a weakness in the U.S. dollar and pushing the pair higher. Check out the EUR/USD price forecast in a forex analysis video above. Have a good weekend!

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.

Related News

  • Peugeot to delay shutting down plants till 2016 amid union talksPeugeot to delay shutting down plants till 2016 amid union talks Peugeot Citroën offered to boost French factory production and put off any plant closures until at least 2016, as labor cuts negotiations aimed at diminishing costs in the auto makers home market.Struggling from declining automobile sales […]
  • Moderna Wins Key Patent Case, Shares Jump Almost 16% to $35.21Moderna Wins Key Patent Case, Shares Jump Almost 16% to $35.21 Key momentsModerna's stock experienced a substantial increase during Wednesday's trading session. Moderna achieved a victory in a patent infringement case decided by a German court. The legal dispute centered on intellectual […]
  • Forex Market: NZD/USD trading outlook for September 12th 2016Forex Market: NZD/USD trading outlook for September 12th 2016 Friday’s trade (in GMT terms) saw NZD/USD within the range of 0.7315-0.7415. The pair closed at 0.7323, retreating 1.03% compared to Thursdays close. It has been the 9th drop in the past 23 trading days and also the steepest one since August […]
  • Oklo’s Strategic Collaboration with DOE Fuels a 9.73% Share Price Jump to $35.19Oklo’s Strategic Collaboration with DOE Fuels a 9.73% Share Price Jump to $35.19 Key momentsOklo's share price experienced a significant 9.73% jump to $35.19 on Wednesday. The price soared as a result of Oklo’s inclusion in the U.S. Department of Energy's Voucher Program. Oklo's impressive year-to-date price […]
  • EUR/USD Steady Above 1.1800 Despite German IFO DataEUR/USD Steady Above 1.1800 Despite German IFO Data Key Moments EUR/USD maintains levels above 1.1800 in the first half of Monday's European session after trimming part of its intraday advance. Germany's February IFO Business Climate Index rises to 88.6 from 87.6, but the survey […]
  • AUD/USD advanced after the minutes by RBAAUD/USD advanced after the minutes by RBA Australian dollar rose for a fifth day on Tuesday against the US peer, reaching levels unseen since June, following the release of the minutes of Reserve Bank of Australias (RBA) meeting on October 1st and as stock markets signaled optimism […]