The Overbalance analysis aims to identify three financial instruments, analysed exclusively on a four-hour interval (H4). The analysis uses only the Overbalance methodology, which allows us to determine where the trend may continue or where it may change.Today’s analysis covers three instruments, assessed exclusively in terms of the 1:1 correction structure. EURAUD – H4 intervalThe […]
EUR/USD drops during the North American session, down by 0.75% amid a session characterized by overall US Dollar strength, sponsored by Trump’s mild-hawkish pick to lead the Federal Reserve and an inflation report that warrants steady rates by the Federal Reserve. At the time of writing, the pair traded at 1.1882 down from daily highs of 1.1974. Euro sinks […]
The EUR/USD pair attracts fresh sellers following the previous day’s good two-way price swings and retests sub-1.1900 levels during the Asian session on Friday. Spot prices, however, recover around 25 pips from the daily low and currently trade around the 1.1920-1.1925 region, down 0.35% for the day. The US Dollar (USD) gains some positive traction and […]
The Overbalance analysis aims to identify three financial instruments, analyzed exclusively on a four-hour interval (H4). The analysis uses only the Overbalance methodology, which allows you to determine where the trend may continue or where it may change.Today’s analysis covers three instruments, evaluated exclusively in terms of the 1:1 correction structure. AUDNZD The AUDNZD currency […]
The EUR/USD pair attracts some sellers to near 1.1990, snapping the four-day winning streak during the early European session on Wednesday. The major pair retraces from a five-year high amid renewed US Dollar (USD) demand. All eyes will be on the US Federal Reserve (Fed) interest rate decision on Wednesday. US President Donald Trump said on Tuesday that […]
The EUR/JPY cross loses ground to near 182.90 during the early European session on Wednesday. The Japanese Yen (JPY) edges higher against the Euro (EUR) amid hawkish Bank of Japan (BoJ) December meeting minutes, which showed that members agreed on the need to continue raising interest rates. Nonetheless, the upside for the JPY might be limited amid concerns […]
EUR/USD holds firm above 1.1700, trading at 1.1722 at the time of writing on Wednesday, practically flat on the daily chart after having rallied 1.2% over the previous two days. The Euro (EUR) remains bid with the US Dollar on the defensive and all eyes on US President Trump’s speech at the Davos Economic Summit, due […]
EUR/USD moves little after registering modest gains in the previous session, trading around 1.1640 during the Asian hours on Tuesday. The 14-day Relative Strength Index (RSI) momentum indicator, at 44 (neutral-to-bearish), confirms fading momentum. The technical analysis of the daily chart shows that the EUR/USD pair remains below the 50-day Exponential Moving Average (EMA) and slips under […]
The EUR/USD pair gains ground to around 1.1625, snapping the four-day losing streak during the early European session on Monday. The US Dollar (USD) faces some selling pressure against the Euro (EUR) after U.S President Donald Trump threatened escalating tariffs on eight European nations that have opposed his plan to take Greenland. US markets are closed on Monday […]
The EUR/GBP cross gains traction to near 0.8675 during the early European trading hours on Monday. The Euro (EUR) edges higher against the Pound Sterling (GBP) as the European Central Bank (ECB) signaled it is on a steady rate path for now, with no near-term debate on further rate changes if current economic projections hold. The ECB has kept rates on […]