EUR/USD Forecast Greetings and Good morning guys. Happy Sunday! Friday was a bad day for the buyers of EUR/USD. Because the market fell sharply down and reached around the border of 1.0800. It shows the stability of the US dollar. However, it's...
AUD-USD PAIR FORECAST The upward movement of the AUDUSD pair on Monday - Tuesday seems to have failed to continue testing resistance (R1) 0.6697. Even though the price managed to pass the EMA 50 and pivot point (PP) 0.6645, the upward rally stopped...
The pair has been trading positively for the fourth consecutive day, reaching near 156.70 on Friday during the early Asian session. This rise is largely driven by speculation that the Federal Reserve (Fed) may maintain higher interest rates for an...
Analysis of the Uploaded Chart Chart Description: The uploaded chart appears to depict a long-term trend analysis of a currency pair, likely showing a descending triangle pattern, which is typically a bearish continuation pattern. Key observations...
The pair experienced a notable decline on Friday, retreating to the 157.10 level as the DXY weakened against all major currencies. This depreciation of the USD provided the Japanese Yen (JPY) some respite from widespread market pressure, allowing it...