The US dollar (USD) has gained ground against the Canadian dollar (CAD), reaching around 1.3495 during early Asian trade on Wednesday. The escalating geopolitical tensions in the Middle East have boosted the safe-haven appeal of the US dollar, while...
USD/JPY Technical Analysis Hello everyone. USDJPY seems to be trying to repeat yesterday's movement. The USDJPY pair tends to rise by 95 pips in Wednesday's trading. The market reaction is still very positive, growing and continuing to rise. In this...
The New Zealand dollar (NZD) is currently facing downward pressure against the US dollar (USD), with the NZD/USD pair trading near 0.6260. A stronger US dollar, driven by higher interest rates and a resilient labor market, is weighing on the New...
The EUR/GBP pair experienced a decline, falling to the bottom of its multi-month range at 0.8380. This downward movement followed a previous uptrend on Thursday, October 3, driven by comments from Bank of England Governor Andrew Bailey. The pair's...
The USD/JPY currency pair is currently at a critical juncture, navigating between key resistance and support levels. The primary resistance level is set at 149.00, while support levels are identified at 146.60 and 148.87. These technical levels are...