The British pound (GBP) took a tumble against the US dollar (USD) early on Thursday, after flirting with a three-month high. This decline comes despite ongoing weakness in the dollar. The dollar's woes stem from disappointing US inflation data. The...
USDJPY ANALYSIS. In a few trading days, the USDJPY market appeared to be a tug of war between sellers and buyers. At first, sellers controlled the market and pushed the USDJPY price down with a lot of force. They even succeeded in breaking through...
AUD/USD H-4 Hello everyone! I have been following AUD/USD for a long time; For several weeks the price has been trading around the top, bouncing back and coming back.After the first testing of the resistance level of 9% Fibonacci retracement, the...
The USD/CAD exchange rate, currently at 1.3740, is in a bearish trend, reflecting a decline in the value of the US dollar against the Canadian dollar. This downward movement suggests that market sentiment is currently favoring the Canadian dollar....
The Euro is facing a perfect storm of bearish pressure, weakening against the US Dollar and falling below a key support level. This decline comes amid heightened political uncertainty in Europe, particularly in France, where upcoming legislative...