| Updated: 
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.
Aussie Dollar Slightly Lower as FOMC Minutes Loom Key Moments
AUD/USD trades near 0.7075-0.7070 after failing to extend a rebound from the 0.7030-0.7025 area.
Expectations for Fed rate cuts and the RBA's hawkish stance temper downside pressure on the pair.
Technical […]
Forex Market: USD/MXN daily trading forecast Yesterday’s trade saw USD/MXN within the range of 13.2300-13.3210. The pair closed at 13.3175, gaining 0.30% on a daily basis.At 8:41 GMT today USD/MXN was down 0.25% for the day to trade at 13.2839. The pair touched a daily low at 13.2708 […]
Soft futures mixed Soft futures were mixed on Thursday with sugar, arabica and robusta coffee marking daily gains, while cotton and cocoa traded lower.On the ICE Futures U.S. exchange, arabica coffee for September delivery traded 1.23% higher on the day, […]
Forex Market: EUR/USD daily trading outlook Yesterday’s trade saw EUR/USD within the range of 1.1158-1.1311. The pair closed at 1.1284, inching down 0.08% on a daily basis. It has been the 13th drop in the past 28 trading days. The daily low has been the lowest level since February 8th, […]
Forex Market: NZD/JPY trading forecast for October 5th Friday’s trade saw NZD/JPY within the range of 76.12-77.64. The pair closed at 77.28, surging 0.70% on a daily basis, while marking the fourth consecutive trading day of gains. The daily high has been the highest level since September 9th, […]
Spot Gold hits over 1-week high on ME peace deal prospects Spot Gold held near a more than 1-week high on Thursday amid optimism the US and Iran may be moving closer to a peace deal. This has led to a drop in oil prices and eased concerns over elevated inflation.Media reports stated that […]