The AUD/USD currency pair on the M30 timeframe chart presents an intriguing picture with several conflicting signals, making it a challenging market to decipher. Currently, the moving average is positioned at approximately 0.6618. This level acts...
Fundamental Analysis On Friday, the Canadian dollar (CAD) made a meager comeback, rising from most of its major currency peers and recovering only a tenth of a percent against the US dollar (USD). The market is cautious due to an unexpected decline...
Since late 2023, the EUR/CHF currency pair has been on a steady, albeit gradual, upward trajectory, endeavoring to recover from its significant declines in the preceding years. This currency pair, which tracks the value of the Euro (EUR) against the...
USD/CHF Hello. As far as the correlation is concerned, I am the first to see if there is any inconsistency in the correlation with the US Dollar Index, and indeed, while last Friday the US Dollar Index confidently moved north. On the other hand, for...
The USD/JPY pair has been trading within a specific range in recent times, fluctuating between support and resistance levels. However, the current market trends suggest the pair is poised to move downward, potentially breaking below the critical...