Category forex

Rupee Gains Against USD

Rupee surges as oil prices drop The Indian Rupee (INR) has strengthened against the US Dollar (USD) at the start of the week. The USD/INR pair has fallen to near 94.60, driven by a decline in oil prices. This decline follows the announcement of a permanent

EUR/USD Faces Resistance

Pair attempts to close above major bearish trend line The EUR/USD pair is trying to break through a major bearish trend line with resistance. The pair traded above the 50% Fib retracement level of the downward move from the 1.1685 swing high to the 1.1499 swing low