EUR/USD – 16.08.2024 – Orbex Forex Trading Blog

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Today, the euro index retreated to its lowest value this week, 1036.8.  During this morning’s Asian trading session, the yen index rose to 753.8 levels, forming a new weekly high.  Euro index chart analysis Today, the euro index retreated to its lowest value this week, 1036.8. After that, we managed to stop further pullback and…

The USDCAD price succeeded to achieve our waited target at 1.3765$ and settles there, and we suggest surpassing this level to achieve additional gains that extend to 1.3850$ as a next main station, supported by the EMA50 that carries the price from below. Stochastic begins to get rid of…

Children who took part in the recent riots should only be prosecuted as “a last resort”, the head of the body that oversees the youth justice system in England and Wales has said, warning against a rush to punish those involved. Keith Fraser, the chair of the Youth Justice Board, said it was a “real,…

Impax Asset Management Ireland Limited (IAMI), a subsidiary of Impax Asset Management Group plc, has entered into an investment advisory agreement with BNP Paribas Asset Management Europe (BNPP AM Europe), the company announced on Thursday. Under the terms of the agreement, IAMI will provide investment advisory services to BNPP AM Europe in relation to an…

Hello traders. Welcome to a new trade setup blog post. In today’s post, we will discuss the long-term path for NZDUSD currency pair and how we recommended buying dips on this pair to Elliottwave-Forecast members.  From a long-term perspective, NZDUSD completed a Cycle Degree wave I in early February 2023. Following wave I, a wave…