The currency pair continued its downward trend for the second consecutive day on Tuesday, trading near the 1.3060 level during the European session. The decline was primarily driven by the strengthening DXY, bolstered by recent US labor market data....
USDX INDEX PAIR ANALYSIS For the USDX index this week the price is back to closing with a bullish candle, but if we look closely at the chart on the H1 time frame, the USDX index is still consolidating and the closest support is currently at the...
USD/CAD Trend Analysis Update Today, we'll discuss analyzing the USD/CAD currency pair's price movements. A false breakout occurred at 1.3796, signalling that a further decline is likely to follow. The price will likely break above 1.3799 and stay...
Gold Price Activity Review Our conversation zeroes in on the Gold present price action evaluation. There's no outright collapse; the price continues to edge downward, nearing its lower range. That isn't a dramatic drop, but it's noticeable....
USD/CHF Price Action Recap We are delving into the current analysis of the USD/CHF currency pair's pricing movements. Today, USD/CHF is correcting toward 0.8641; from there, the decline will likely continue. The downward trend could strengthen if...