The EUR/USD currency pair is currently trading around 1.8558, and the prevailing trend remains bearish. Over recent sessions, the market has moved slowly downward, reflecting a gradual decline. However, there are signs that a larger movement could...
USD/ JPY Price Action Update Let's discuss the current pricing behavior of the USD/ JPY currency pair, which is the focus of our analysis. On the Japanese yen chart, the price is currently positioned below the mid-level of the trading channel,...
USD/CAD Price Action Summary Our current focus is evaluating the price action of the USD/ CAD currency pair. The USD/ CAD pair on the H4 chart has already formed a new upward channel. A bearish engulfing pattern emerged on Friday; the last two...
The GBP/USD exchange rate has been trading in a narrow range between 1.3100 and 1.3000 for the past four trading sessions, indicating a lack of clear direction in the market. This range-bound trading is primarily due to uncertainty surrounding the...
Date: 17th October 2024. Stocks steady ahead of ECB, BTC Up, Oil below $70. Financial Markets Performance: *The USDIndex climbed to 103.55, a third straight session over 103 and is up 3 handles from the 100.79 close on September 30. The rally...