AUD/USD is currently trading around 0.6255 after a strong recovery from its recent low near 0.6100. The price action suggests a sharp rebound, supported by bullish momentum. The Bollinger Bands indicate increased volatility, with the price extending...
February 4, 2025 The NZD/USD pair is trading around 0.5650, reflecting a downward trend over recent sessions. On February 3, the pair reached a multi-month low of 0.5515 before recovering slightly to 0.5595. NZD/USD hovers around 0.5650 during early...
USD/CHF As of today, USD/CHF is trading around 0.9126, showing a 0.19% increase. The pair has rebounded from key support, keeping the bullish momentum intact. With market sentiment favouring the dollar, I'm watching for potential breakouts....
Market Fundamentals: The US economic docket this week includes key data releases such as Durable Goods Orders, the Conference Board (CB) Consumer Confidence Index, Initial Jobless Claims for the week ending, and the Federal Reserve’s preferred...
The USD/JPY pair has surged sharply above the 155.00 level during Tuesday’s North American trading session, driven by a combination of risk-on market sentiment and a weakening demand for the Japanese Yen (JPY) as a safe-haven asset. The US Dollar...
