EUR/USD Technical: At Risk of Minor Mean Reversion Decline as US NFP Looms

Oil prices have decreased lately as a result of various crucial factors Technical Outlook confirms bearish structure Global economic concerns The global economy is encountering substantial difficulties, especially in prominent economies such as China and Europe. China’s economic expansion has experienced a deceleration below initial projections, resulting in a decrease in industrial operations and a […]

According to Reuters, exit polls show that Marine Le Pen’s far-right party, the National Rally (RN), won the first round of parliamentary elections in France on Sunday. The financial market reacted to this with a rise in the euro’s exchange rate against other currencies. Specifically, the EUR/USD rate jumped to its highest level since June […]

NZDJPY extends bullish streak above 92.00 level Bulls remain firmly in control Overbought signals begin to flash red NZDJPY has been recording fresh highs all week and scaled a nine-year high of 92.98 earlier on Wednesday. The momentum indicators suggest that the bullish bias isn’t likely to fade in the near term. However, both the […]