AUD/USD hovers near 0.6400 early Friday, consolidating its two-month high amid a broader US Dollar rebound. While the Reserve Bank of Australia (RBA) maintained a cautious stance on further easing, limiting additional upside, upcoming US PMI data...
GBP/USD Daily Chart The GBP/USD market is currently in an uptrend, trading at 1.26612 on the daily chart. Today is an important day for the forex market as several essential news events occur in the GBP market. These economic data are expected to...
EUR/USD Price Analysis EUR/USD could lose ground amid a potential bearish reversal as the pair trading within a rising wedge pattern. The downward correction would be indicated if the 14-day RSI surpasses the 70 mark. The pair may test its primary...
The EUR/USD currency pair experienced a volatile start to the week, opening lower in the North American session around 1.0280 before recovering slightly to 1.0300. Despite this modest rebound, the pair remains down 0.17% at the time of writing,...
GBPUSD GBPUSD outlook: The GBPUSD pair continues to face pressure due to the ongoing strength of the US Dollar and concerns over the UK's economic outlook. The Federal Reserve's hawkish stance and expectations for higher interest rates for a longer...