Fundamental Analysis of AUD/USD On Friday (August 30), the Australian dollar fell 0.5% in opposition to the US greenback to shut at 0.6764. The US non-public consumption expenditure (PCE) rate index rose each month-on-month and year-on-year in July,...
USD/CAD Pair Technical Analysis Our conversation revolves around real-time evaluation of the USD/ CAD currency pair's price action. The necessity for a pullback to the bullish side in the USD/CAD pair seems redundant as the pair trades within a...
Let's analyze the currency pair chart of GBP/USD using time frame D1. The GBP/USD currency pair has entered a gradual downward correction. You believe the price can only retrace 50% of the previous wave, rather than dropping to 61.7% or 76.3%. The...
GBP/USD Forum Analysis,Forecast 02 September 2024 Observing the structure of the GBPUSD pair price pattern, it seems that it is still in a lower low - lower high condition and the bullish trend direction is almost changing to a bearish trend. The...
The USDCHF currency pair is currently experiencing a significant bearish trend on the H1 (one-hour) timeframe. Recent price movements reveal a consistent pattern of lower highs and lower lows, which signifies ongoing downward momentum. In technical...