AUD/USD This morning, I’m seeing AUD/USD holding near the 0.6410 mark after last week’s modest rebound. Price action still looks cautious, and I get the sense that bulls are lacking follow-through despite a slightly weaker U.S. dollar. Technical...
At present, the EURJPY market has finished at the level of 161. 84, and there are expectations for further upward movement. This level acts as resistance, and it seems that buyers are quite strong. In general, the EURJPY market appears to be...
GBP/USD GBP/USD is hanging around 1.2350 this morning after slipping a bit in early London trading. I’m seeing the pair still under pressure, mostly because the U.S. dollar continues to stay strong, while the pound seems to be lacking any real...
The Impact of Interest Rates on the Forex Market Interest rates play a crucial role in the foreign exchange (Forex) market, significantly influencing currency values, trader decisions, and market volatility. As one of the most important fundamental...
EUR/USD Today, I am seeing EUR/USD consolidating just above the 1.0660 mark, with the price action still looking indecisive after last week’s swings. The pair hasn’t committed to a clear direction, and I’m watching closely for any signs of...