The USD/CAD daily chart is presenting a consolidation pattern, with the pair trading near 1.34708 after experiencing a rejection from key resistance levels around the 1.38000 region. Over the past months, price action has been largely range-bound,...
As of September 24, 2024, the USD/JPY currency pair is exhibiting a slow yet bearish trend. The pair has shown signs of weakness due to various market factors, particularly the ongoing pressure from Japan’s struggling manufacturing sector and weak...
Analyzing the current trend of the British Pound, it seems that the recent uptrend may not be sustainable, potentially signaling the start or continuation of a downtrend. Furthermore, the Pound may pull down against the Euro, especially since I...
The euro is currently trying to rebound from yesterday's losses, trading near 1.1160 during Tuesday's Asian session. Yet, recent Eurozone economic data suggests that any potential gains may be short-lived. The expectation of a European Central Bank...