The spot price has recently snapped a five-day losing streak, showing signs of a potential reversal after stronger-than-expected inflation data from the United States (US) and a soft jobs report provided mixed signals for the USD Index. As of the...
The US dollar fell against the Japanese yen, reflecting a market still in the process of digesting recent moves and looking for direction. This decline is in line with a similar retracement seen in the dollar against the euro, suggesting a broader...
The pair has remained in a narrow range of around 1.2570 for the past two days, with traders uncertain about the direction of the market. A lack of fresh catalysts has kept the currency pair in a consolidation phase, though recent U.S. economic data...
The currency pair has seen positive movement for the second consecutive day, trading near the 1.4170 level during the early Asian session on Tuesday. This upward momentum comes as the US Dollar strengthens following better-than-expected Retail Sales...
GBPUSD TECHNICAL ANALYSIS Today GBP/USD is bullish but there is still a chance for it to fall again. reinforced by market conditions on the daily timeframe where there is a crossover between the MA 21 and MA 50 indicators. Even though the trend is...
