Technically, AUDCAD has repeatedly failed to break and stay above the upper Bollinger Band, indicating fading bullish interest. Frequent rejections at key resistance areas, along with sustained closes below the 9-period moving average, emphasize the...
AUD/USD – Current Situation and Technical Analysis The AUD/USD pair has maintained its bullish journey for the sixth consecutive session. This rally has been supported by two major factors: continuous weakness in the US Dollar and a renewed risk...
The Japanese yen (JPY) continues to exhibit a bearish sentiment in the foreign exchange markets. This prevailing weakness in the yen, coupled with a slight strengthening of the US dollar (USD), has propelled the USD/JPY currency pair to a two-week...
The USD/CHF pair demonstrated a recovery from losses experienced in the previous trading session, trading around the 0.8320 level during Friday's Asian trading hours. This upward movement in the US dollar was largely attributed to improved investor...
After three weeks of consecutive bearish rallies, crude oil prices are trying to move higher toward the 63.00 per barrel level, but investors are still worried that US President Donald Trump might start a trade war. The ongoing turmoil is primarily...
