| Updated: November 9, 2023
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.
Gold futures head for weekly drop on US rates outlook Gold ticked up in early European trading on Friday but headed for its worst weekly performance in five weeks as another bit of key US data backed the case of a near-term interest rate increase by the Federal Reserve.Comex gold for delivery […]
EVgo and Amazon launch EV charging experience with Alexa EVgo Inc on Thursday announced the introduction of an Alexa-enabled electric vehicle charging experience with Amazon.Drivers of Alexa-enabled vehicles and automotive accessories such as Echo Auto will now be able to ask Alexa to […]
Orange SA’s share price up, to seek a partnership to bolster broadband and TV services in the U.K. The Chief Executive Officer of Orange SA, Stephane Richard, said that the company is to consider a strategic partnership with a landline or cable provider as a part of its plan do expand its reach into broadband and TV services in the […]
Forex Market: AUD/USD pares earlier losses, RBA delivers smaller-than-expected rate hike The Aussie Dollar pared earlier losses against its US counterpart on Tuesday, which it recorded after the Reserve Bank of Australia surprised market players with a smaller-than-anticipated interest rate hike.The RBA raised its cash […]
Commodities trading outlook: gold falls ahead of FOMC meeting, copper jumps on strike action Gold extended last weeks decline as better-than-expected global economic data and higher equities dented the metal’s safe-haven demand. All major European banks passing ECB’s stress test also eased investors’ fears. Copper rose on news of […]
Commodities trading outlook: natural gas, crude oil futures West Texas Intermediate crude fell for a third day ahead of government data that is expected to show an eleventh consecutive weekly build-up in US crude oil inventories. The oil complex, and particularly Brent crude, was heavily pressured amid […]