Today, we'll examine the recent price trends of the EUR/USD currency pair. Analyzing the daily time frame chart, we can see a descending wave pattern, and the MACD indicator suggests a bearish market. By applying the Fibonacci grid to the initial...
GBP/USD daily H1 timeframe chart Greetings. Today the British pound showed a pleasing performance as the quotes managed to rise, achieving my targets. The GBP/USD pair ascended to the middle boundary of the current trading range on the chart. After...
GBP/USD pair, representing the exchange rate between the British Pound and the US Dollar, is one of the most actively traded pairs in the forex market. It is heavily influenced by a variety of economic, political, and financial factors from both the...
USD/CAD Tuesday saw a rise in the Canadian dollar as May's Consumer Price Index (CPI) inflation rate was marginally higher. The Canadian dollar fluctuated sharply against the US dollar throughout the American market day, hitting a record 14-day...
USDJPY MARKET ANALYSIS On Tuesday (June 25), USD/JPY rose 0.1% to 159.68, remaining in a narrow range. The dollar's rise on Tuesday was mainly supported by hawkish comments from Federal Reserve officials and US data showing a stable housing...