The Australian dollar is stable on Monday. In the European session, AUD/USD is trading at 0.6605, down 0.14% on the day. Last week the Australian dollar rose as much as 1.8% but most of those gains were trimmed. The RBA was expected to hold rates...
GBPUSD Hello, Today we focus on an in-depth analysis of the GBP/USD exchange rate, which sheds light on the current market situation and provides insight to investors. The GBP/USD pair is currently in negative territory and trading below the key...
Dollar Index (USDX) On Monday, the US dollar (USD) was mostly stable due to market risk aversion brought on by the political unrest in France. Investors fled France due to worries about President Emmanuel Macron's ability to handle the prospect of a...
U.S. dollar rose sharply against the Japanese yen on Monday morning as we now threaten the 158 yen again. Frankly, this is the part of the market you don’t like to short. At least you don’t have to because although we get withdrawals from time to...
I highlighted the 1.0710 level in my morning forecast and planned to make entry decisions based on it. Let's look at the 5-minute chart and see what happened there. The rise and formation of a false breakout at that level gave a signal to sell the...