As worries about the trade war grow, the Australian dollar (AUD) continues to be under pressure against the US dollar (USD) for the third day in a row on Monday. After US President Donald Trump said in an Air Force One speech that he would apply a...
The USD/JPY chart on the H1 timeframe reveals a clear downtrend, with the price currently at 151.86. The market has been experiencing strong bearish pressure, as seen in the lower highs and lower lows formation. Bollinger Bands show an expansion...
General Points about USDCAD: We noticed that on Friday, the sellers of USD/CAD were quite strong, as the pair experienced significant downward pressure. This strength from sellers can be attributed to key factors, such as Trump's speech and the...
GBPUSD GBPUSD outlook: The GBP/USD pair is experiencing downward pressure as the U.S. Dollar continues to hold strong, benefiting from strong U.S. economic data and the Federal Reserve's hawkish stance. In contrast, the British Pound remains under...
Core Points about AUDUSD: If we look at the market on the weekly time frame, buyers have gained quite a few pips, indicating a shift in market sentiment. The recent upward movement suggests that there is increasing buying interest in the AUD/USD...
