The outlook for the Greenback remains relatively strong in the near term, bolstered by positive US economic data and the Federal Reserve's cautious stance on interest rates. The minutes from the latest Federal Open Market Committee (FOMC) meeting...
Caught between bullish momentum fueled by shifts in monetary policy and external factors like China’s economic performance, and bearish technical indicators that urge caution. Recent developments have sparked optimism for the Australian Dollar,...
USD/JPY This weekend, the USD/JPY pair is holding strong around 149.20, just below the key 150.00 resistance level. On the daily chart, the pair is trading comfortably above both the 50-day and 200-day moving averages, which keeps the bullish...
The price action shows significant volatility across the timeframe, with noticeable peaks and troughs. The red moving average (likely a short-to-medium-term moving average such as the 10 or 20-period MA) acts as a dynamic support and resistance. The...
On the weekly chart of the USDCAD currency pair, I believe the price has not yet fulfilled its medium-term target at 1.4272. The price action has been quite technical according to Fibonacci levels. Previously, the pair broke through the 100%...
