The pair extended its winning streak for the sixth consecutive day on Friday, climbing above the 1.4100 level during the Asian session. This upward momentum reflects the ongoing weakness in the Canadian Dollar (CAD), driven by market expectations of...
The EUR/USD currency pair experienced a brief recovery on Friday after a period of sustained losses. This was primarily due to profits being taken in the US Dollar, which had significantly strengthened in recent weeks. The US Dollar's strength was...
•••EUR/USD Analysis and Forecast – November 16, 2024••• ••Introduction Today, the EUR/USD pair remains under pressure, trading near 1.0542. The persistent strength of the U.S. dollar, driven by economic resilience, contrasts sharply with the...
The current state of the GBP/JPY exchange rate, sitting at approximately 194.799, indicates a notable phase in the market. While the trend has recently turned bearish, the movement has been relatively gradual. This steady decline has captured the...
GBP/USD H4 MARKET ANALYSIS. Next picture of the GBPUSD currency pair technical data this week, I will monitor the market movement on the mini chart using the H4 time frame. It is quite clear that since beginning the month, the candlestick is still...