Technical Analysis

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The EUR/USD is following a well-defined technical script after the ECB’s 25-basis-point rate cut. The pair initially dropped to a low of 1.0463, just above the upper boundary of a key swing area between 1.0448 and 1.0461. Buyers stepped in at this risk-defining level, triggering a rebound. The subsequent upside move took the price toward
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The price of crude oil is settling at $68.37. That is up $1.17 or 1.7%. The high price reached $68.85. The low price was at $67.07. Looking at the hourly chart, the high price today was able to breach the near-converged 100 and 200-hour moving averages at $68.63. However, the price could not sustain momentum
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This is an interesting piece from Finance Magnates (good buddies of ForexLive!), it examines FX Market Reactions to Key Economic Events: focus on Federal Reserve meetings, NFP releases, and CPI announcements using high-frequency data to analyze millisecond-level price changes The report highlights the speed of price movements. It shows that 60% of price changes within
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