The spot price has been under significant pressure in recent months, primarily due to external factors such as slowing economic growth in China, its largest trading partner, and the strengthening U.S. Dollar. China’s lackluster economic stimulus...
The EUR/USD pair finds itself navigating complex dynamics driven by diverging perspectives on European Central Bank (ECB) policy and external influences bolstering the U.S. Dollar. While upcoming economic data releases and statements from central...
The US dollar hit resistance at the ¥158 level and pulled back slightly in recent trading. However, this appears to be part of a broader consolidation phase as the pair builds momentum for an eventual breakout to the upside. The long-term bullish...
AUD/USD From what I’m seeing, the AUD/USD pair is currently trading around 0.6820, showing a bit of upward momentum as it edges closer to the 0.6850 resistance level. If it manages to break above this zone, I think we could see it climb toward...
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