The GBP/USD pair continues to trade in a narrow range around the 1.2450 level on Wednesday, as market participants remain cautious ahead of the release of the US Consumer Price Index (CPI) data for January. The lack of clear directional momentum...
AUD/USD: A Key Currency Pair in Forex Trading The AUD/USD currency pair represents the exchange rate between the Australian Dollar (AUD) and the United States Dollar (USD). It is one of the most actively traded pairs in the forex market due to the...
USDCAD Daily Hello. Here's what I thought. USD/CAD dropped to the 38.2% Fib retracement support level, where 1.4300 is also the range low. This is a big deal, the price is trading around several key levels. I'm still waiting for a breakout from...
The USD/JPY pair has surged toward the 154.00 level during Wednesday’s European session, marking its third consecutive day of gains. This upward momentum is primarily driven by the persistent weakness in the Japanese Yen (JPY), despite growing...
Good afternoon. Buyers for the Euro managed to turn the tide of trading and keep the day for themselves. But for now, their entire growth will not allow them to break through any important levels that would give a signal for a more confident...
