Following the advertisement of China's profitable statistics on Friday, the Australian bone ( AUD) slightly strengthens vs the US bone ( USD). Following a 4.6 increase in the third quarter of 2024, China's GDP climbed 5.4 time over time in the...
USD/CAD Price Forecast USD/CAD extends the rally to around 1.4405 in Friday’s early European session. The pair resumes its upside above the 100-period EMA with the bullish RSI indicator. The first resistance level to watch is 1.4410; the initial...
GBP/USD Fundamental Analysis: Today, I’m seeing the British pound struggling against the US dollar as market sentiment remains dollar-favored. UK economic data hasn’t been too encouraging—retail sales are weaker, and inflation continues to slow,...
The New Zealand dollar (NZD) weakened against the US dollar (USD) for the second consecutive day, trading around 0.5590 during the European session on Friday. This decline in the NZD/USD pair can be attributed to a strengthening US dollar, as...
AUD/USD Technical Analysis: As of January 17, 2025, the AUD/USD exchange rate is approximately 0.6150. The pair remains in a clear downtrend, struggling to maintain levels above 0.6200. The formation of lower highs and lows continues, indicating...
