The Australian currency, specifically the AUD/USD pair, is presently trading around $0.6655, demonstrating a neutral trend in the foreign exchange market. This value has been relatively stable, as observed in the daily charts, where the currency...
For this instrument, it is clear that accumulation is underway. I expect this ongoing accumulation to culminate in a significant upward movement. As I've mentioned many times, I plan to monitor the resistance levels at 79.96 and 80.62. Near these...
The economic landscape significantly impacts foreign exchange (forex) trading, influencing currency values through various macroeconomic factors. Among the most pivotal are interest rates, inflation, and economic growth indicators, which...
USD/CAD Tuesday saw a rise in the Canadian dollar as May's Consumer Price Index (CPI) inflation rate was marginally higher. The Canadian dollar fluctuated sharply against the US dollar throughout the American market day, hitting a record 14-day...
EUR/GBP UPDATES The EURGBP pair experienced a decline towards the demand area 0.8435 - 0.8429, making the direction of the bullish trend weaken. The reason is that the price is currently still below the 200 SMA, while the 50 EMA appears to be...