The US Dollar ended the week under heavy pressure, extending its decline after China announced retaliatory tariffs of up to 125% on key US imports, effective April 12. This significant trade action reignites fears of a full-blown global trade war,...
A few hours earlier, the USDJPY reached an oversold position on the H4 chart, which resulted in a slight increase in price during the last candle. This movement indicated to buyers that a market upsurge was likely. Currently, I observe the price...
In recent trading, the British Pound (GBP) has shown significant strength, with the currency pushing higher despite an initial period of range-bound trading. The recent surge above the 1.2900 level, peaking at 1.2996, marks a decisive shift in the...
Currency pair GBPUSD - timeframe D1. In early March, the price did not show a major decline; it seemed that a large group of sellers had gathered, which led to a sharp increase in price within a single day. This rise notably surpassed the high from...
The Australian Dollar weakened against the US Dollar on Friday, with the AUD/USD pair currently hovering near the 0.6190 level. This decline follows the White House's confirmation that cumulative tariffs on Chinese goods have now surged to 145%,...
