GBPUSD D1 The British Pound (GBP) faced headwinds on Friday after a three-day rally, as the US Dollar (USD) strengthened. The GBP/USD pair dropped to around 1.2760 after the US Dollar Index (DXY) rebounded above 105.00. This rise in the USD came...
GBP/USD/D1 The GBP/USD pair is trading at 1.2778 on the H4 chart. Observing the latest market conditions, we anticipate that there will probably be no significant movement after yesterday's FOMC news. Prices have shown some notable fluctuations...
The USD/JPY market experienced a turbulent day, with buyers unable to recoup their losses, driving the price down to approximately 155.26. This suggests a shift in momentum towards the sellers, making a buy order on USD/JPY more advantageous than...
USD/CAD Currency Pair Analysis: Weekly Review and Future Outlook: As we conclude the trading week, it's time for an immediate review of our position on the USD/CAD currency pair. Over the past two years, we have been monitoring a long-term pattern...
The USD/CAD exchange rate, currently at 1.3740, is in a bearish trend, reflecting a decline in the value of the US dollar against the Canadian dollar. This downward movement suggests that market sentiment is currently favoring the Canadian dollar....