The currency pair in question is currently exhibiting bearish characteristics, as it trades below its key moving averages, which generally indicates a continuation of downward pressure. The positioning below the moving averages suggests that sellers...
I am currently observing that the USD/CAD pair is trading within an upward trend, and I consider this to be an additional argument in favor of potential growth. I acknowledge that, despite the upward trend, the pair is still trading below the moving...
On the weekend, you can analyze the forex market and in particular the US dollar yen USD/JPY currency pair. On the hourly chart, there was an interesting growth this Friday. From the opening of the day, the price went down to 144.55, then there was...
Economic data from both Europe and the U.S. remains relatively sparse, with market sentiment heavily influenced by the latest trade war rhetoric from U.S. President Donald Trump. Traders are particularly cautious ahead of tomorrow's release of the...
Investors appear increasingly convinced that US President-elect Donald Trump’s proposed policies will be inflationary, which could limit the Federal Reserve's ability to implement further rate cuts. This expectation has prompted a shift in market...
