Scott Bessent, President Donald Trump's nominee for Treasury Secretary, recently highlighted the importance of maintaining the US Dollar as the world's reserve currency to ensure the nation’s economic stability and long-term prosperity. Bessent...
EURJPY currency pair - let’s look at the D1 period chart today, Thursday. The wave structure here is descending. After the last wave of decline updated the minimum of the previous one at beginning February, the third wave went down. The MACD...
I began my analysis of USD/CAD this morning by focusing on the hourly timeframe, where I observed a prolonged consolidation phase. I noted that the price tested the 200-period moving average (MA) from below, which initially led me to anticipate a...
The AUD/USD pair has experienced a sharp decline, sinking near 0.6280 during North American trading hours on Thursday. This drop is fueled by the US Dollar’s (USD) resurgence amid heightened global economic uncertainty, primarily stemming from...
As of March 13, 2025, the AUD/JPY currency pair is trading around 93.00, navigating a complex environment shaped by contrasting economic indicators, shifting central bank policies, and broader risk sentiment in global markets. Recent price action...
