XAG/USD Price Analysis: Technical outlook The US Dollar, represented by the DXY Index, has extended its decline, weighed down by soft labor market figures falling below 105.00 on Friday. Amid growing signals of disinflation in the US economy, there...
Good afternoon. The price on this instrument has indeed fallen and established a solid bearish trend, which will likely affect the pair negatively, potentially dropping by not just 250 points, but possibly even 320 points. Even though this price...
Good morning. Yesterday, buyers continued to dominate the GBP/USD market, thwarting sellers' attempts to push prices down throughout the day. Interestingly, despite better-than-expected non-farm payroll data, the Dollar failed to strengthen. This...
Currently, the market price is moving downward, approaching the support level after retracting from the resistance level and nearing the trendline. If the price closes below the 200-day simple moving average (SMA), it may push prices back toward the...
USD/CAD Analysis The USD/CAD currency pair is currently trading between 1.3745 and 1.3590, with significant resistance and minor support levels. The strike price is near a minor support level, which it has previously tested and rejected. The market...