The AUD/USD currency pair is trading near the 0. 6390 level as a new week starts, indicating that price movements are stable and strong. Analyzing the technical side, the daily chart suggests a positive outlook for the Australian Dollar against the...
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...
The People's Bank of China (PBoC) is expected to implement an interest rate cut at an appropriate time this year—a move that could provide a much-needed boost to Chinese demand. The currency pair extended its gains against the U.S. Dollar (USD) for...
USD/CAD Market Analysis The current condition of the USDCAD currency pair still looks slowly bearish, since the market opened at the beginning of the month the price has dropped below the Simple Moving Average 60 indicator in yellow, giving an...
Let’s consider the chart of the D1 period - the EURUSD currency pair. Most of this April has already passed quickly and buyers reign supreme. The wave structure is still being built in an ascending order, the MACD indicator continues to grow in the...
