The Australian dollar weakened slightly on Friday. In the European session, AUD/USD is trading at 0.6198, down 0.22% at the time of writing. Will strong Chinese numbers support Aussie? Good news came out of China on Friday, highlighted by...
USD/JPY Technical Analysis and Market Sentiment The USD/JPY market is currently in an uptrend, and the price is trading around 156.345. The hourly chart shows the market is approaching the key resistance level 156.500. Successfully breaking this...
EUR/JPY Price Forecast ECB Governor Nagel commented a little earlier that the central bank should not rush rate cuts, echoing Holzmann’s remark earlier this week. Nagel said that inflation was still elevated and uncertainty was high. Eurozone CPI...
XAG/USD Sentiment and Silver Technical Market Overview The silver market is bearish and is trading around 30.320. Silver tests the hourly chart's 100 exponential moving average (EMA), indicating a central technical turning point. The price...
The chart depicts the EUR/USD currency pair on the H1 timeframe, illustrating its price action over a significant period. From a technical perspective, the movements in the chart suggest a predominantly bearish trend, interspersed with brief...
