The GBP/USD pair also showed a fairly strong drop on Friday, for which there were no local reasons. Let's explain what we mean. Local causes are events and news during the day. There were practically none on Friday. In the United States, the...
USD CHF Analysis The market is open but moving too slowly maybe due to the Eid holidays and right now I'm not seeing any high volatility movement however we can expect movement after the USA session opens. Today I took a look at the economic...
This year, Gold (XAU/USD) has had a fantastic meeting, reaching close to $2,450 at the beginning of May. Nevertheless, bullion has begun to recede more than 4% from its highs in the past few exchange meetings, indicating that the vertical force is...
USD/JPY On Monday we will look at the chart of period D1 - the USDJPY currency pair. Over the past trading week, the price moved in different directions, sellers temporarily won, but overall buyers prevailed. The wave structure remained ascending,...
The AUD/USD currency pair, representing the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD), is currently trading at approximately 0.6611. The current trend for this pair is bearish, indicating a decline in the value of the...