Technical Analysis The Pound Sterling posts a fresh two-week high above 1.2400 against the US Dollar after US President Trump supported immediate interest rate cuts from the Fed. The Fed is widely anticipated to keep interest rates steady on...
The USD/CAD currency pair continued its downward trajectory on Friday, trading near 1.4330 during early European trading hours. This decline followed a day of improved risk sentiment, triggered by comments made by the former US President during his...
USD/JPY Technical Analysis: The USD/JPY has been trading in a consolidating pattern after a brief rally earlier this week. As of today, the pair is holding near the 132.50 level, just below the key resistance zone at 133.00. If the price breaks...
Technical analysis of USDCAD Today I choose USD/CAD for technical analysis because the market is rising and helping the price. The market has reached the trend line, and the price is now down. The market price broke this trend line. The market price...
The EUR/JPY has recently staged a recovery, trading near 163.00 during the Asian session on Friday. Despite the Bank of Japan (BOJ) implementing a widely anticipated interest rate hike, lifting its short-term target from 0.15%-0.25% to 0.40%-0.50%,...
