The USD/JPY exchange rate, currently at 157.45, is experiencing a bearish trend, indicating a gradual decline in the value of the US dollar against the Japanese yen. This trend suggests that traders and investors might be anticipating further...
The AUD/USD currency pair, currently sitting at 0.6618, reflects a bearish trend, suggesting that the Australian dollar has been weakening against the US dollar. This downturn can be attributed to various economic factors and market sentiments....
At the moment, I am waiting for the price of this currency pair to reach the extremes of the last trading session. Depending on the formed price levels, I will likely have a position in the USD/CAD currency pair. The price levels in question are...
The chart depicts a trend line (short-term) with shaded confidence intervals over a date range from May 15, 2024, to July 1, 2024. Here is a detailed description and analysis of the chart: ### Description: 1. **X-Axis (Date)**: - The x-axis...
Fundamental Analysis On Friday, the EUR/USD pair dropped lower, reaching 1.0670 before rising to the 1.0700 milestone in the US trading session. Following a significant movement in voter mood towards right-of-centre political parties in the recent...