The currency pair has remained confined within the 1.2630-1.2715 range for the past three days, reflecting market uncertainty in the absence of a clear catalyst. Last week’s robust U.S. jobs report lent strength to the Greenback, propelling it to...
Analysis of Trades and Trading Recommendations for the British Pound A test of the 1.2654 price level occurred when the MACD indicator had dropped significantly below the zero mark and was in the oversold zone, enabling a scenario for buying the...
USD/JPY Technical Outlookotential for further gains The US dollar weakened slightly against the Japanese yen, likely influenced by a shift to security amid escalating tensions in Ukraine. Despite this decline, the prevailing sentiment among traders...
General Points about AUDCAD: Today, the AUDCAD market is trading around the 0.9097 level, with sellers showing increased strength. This development is largely due to Canadian news events, which have provided significant support to the Canadian...
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