Tag: forex

Forex is one of the biggest asset classes in the world. It represents trades between different currency pairs and thus is an important part of what Investro reports on.
EUR/USD stable after ECB decision
EURUSD
0.55%

EUR/USD stable after ECB decision

The ECB met expectations today, keeping the bullish bias in the EUR/USD pair valid.

EUR/AUD shoots higher after RBA, EU data

Is the latest dip a buying opportunity, or is it something bigger?
NZD/USD statistical and technical analysis
NZDUSD
0.67%

NZD/USD statistical and technical analysis

Today, the GDT Price Index was released, which is an important economic indicator for New Zealand, as rising prices increase the country’s export income. The current price of the NZD/USD exchange rate is 0.7105 (September 07, 2021). This pair has dynamical rebounded upwards. Let’s look at statistical and technical analyzes.
AUD/USD slides amid profit-taking
AUDUSD
1.51%

AUD/USD slides amid profit-taking

Is the current rally going to continue, or is it time for a correction?
EUR/JPY attacks 130 after EU inflation data
EURJPY
0.26%

EUR/JPY attacks 130 after EU inflation data

Rising inflation in the EU has been positive for the Euro. The EUR/JPY cross should remain bid.
USD/JPY statistical and technical analysis
USDJPY
-0.28%

USD/JPY statistical and technical analysis

Consumer sentiment is declining according to the best-know indicators in the USA. Greater uncertainty in the global market could cause more volatility for the pair. The current price of the USD/JPY exchange rate is 110.04 (August 31, 2021). Let us therefore now turn to statistical and technical analyzes.
EUR/USD attacks 1.18 as dovish Powell sparks a powerful rally
EURUSD
0.55%

EUR/USD attacks 1.18 as dovish Powell sparks a powerful rally

The dollar cratered on Friday, but will the sell-off continue? The technical analysis says so..
USD/JPY awaits Powell’s remarks above 110
USDJPY
-0.28%

USD/JPY awaits Powell’s remarks above 110

The big day is here! What is going to happen with the USD/jPY pair today?
USD/CAD statistical and technical analysis
USDCAD
-0.6%

USD/CAD statistical and technical analysis

The current price of the USD/CAD exchange rate is 1.2610 (August 26, 2021). This pair has been quite volatile in recent days. It also fell into an important zone. Let us therefore take at statistical and technical analyzes.
EUR/USD flat ahead of durable goods data
EURUSD
0.55%

EUR/USD flat ahead of durable goods data

Will the EUR/USD pair confirm its massive bullish pattern, or is the downtrend going to continue? We might see soon..

Kiwi trades back above strong support

Traders bought the New Zealand dollar on Tuesday and it surged notably, but will the rally continue?
GBP/USD bounces as dollar retreats
GBPUSD
0.71%

GBP/USD bounces as dollar retreats

Sterling defended its key support and the GBP/USD pair is now forming a double bottom pattern. Will we see a strong bounce?