The Japanese yen lost ground against every major currency on Friday after the Bank of Japan unveiled its latest policy decision, with USD/JPY climbing roughly 1.3% during NY trading to approach the 158.00 level. The central bank raised its policy...
USD/CAD is up slightly on Friday, trading near 1.4000 as of now, reflecting a daily advance of roughly 0.10%. The US Dollar (USD) is currently supported by speculation that the Federal Reserve (Fed) will continue raising interest rates. At the same...
The EUR/USD pair is 0.12% lower at around 1.1460 in today’s trading session in Europe. The currency pair is trading lower amid a stronger USD, as the Fed is seen raising rates multiple times this year. In the European session, the DXY index, which...
AUDUSD H1 TIMEFRAME ANALYSIS Based on the provided AUDUSD H1 (1-hour) chart, here is a technical analysis of the market structure, price action, and indicator signals. Market Overview and Price Action The AUDUSD pair has experienced significant...
Technical analysis is a trading discipline used to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. Core Assumptions The market discounts...