The currency pair is experiencing mild headways, trading near 1.0880 during the early Asian session on Monday. The Dollar is losing ground as traders prepare for pivotal economic data and the possibility of an interest rate cut by the Fed. As of the...
USD / JPY: An Hourly Time Frame Road Map This overbought level of 157.26 indicates that the bears or sellers will likely pull back, as the market reaches a point of resistance. The price has pushed too high without a clear retracement, and sellers...
NZD / USD; My Trading Road Map On Friday, the price of NZDUSD hit the 0.5609 level, which is a crucial support area. This level has been a significant point for the pair, and the current price action suggests that the bears or sellers are not in...
•••USD/CAD: The Dollar’s Muscle vs. The Loonie’s Hustle(January 6,2025)••• • The USD/CAD pair is at it again, bouncing around 1.4404 on the buy side and 1.4401 on the sell side. It’s a tight spread, and traders are watching this pair like hawks....
The Pound Sterling is showing signs of vulnerability against the US Dollar (USD), commonly referred to as the Greenback. This comes as escalating tensions in the Middle East drive a risk-off sentiment in global markets, overshadowing China’s ongoing...