The EUR/USD pair extended its bullish run on Friday, achieving a multi-week high of 1.0500. This sustained climb above the 20-day simple moving average (SMA) indicates a potential shift in market sentiment, with buyers seemingly regaining control...
The GBP/USD pair has continued its upward trajectory, breaking through the 1.2600 level for the first time since December, driven by a weakening US Dollar. The Greenback has faced sustained selling pressure, particularly after disappointing US...
I begin by acknowledging the conclusion of the trading week and the importance of reflecting on market dynamics to prepare for the upcoming sessions. I observe that price action on the USD/CAD pair has unfolded largely in line with my earlier...
The British pound has strengthened for the fourth consecutive day on Friday, reclaiming the 1.2600 level against the US dollar. This resurgence comes on the heels of a disappointing US retail sales report, which revealed a significant pullback in...
The USD/CHF pair has shown upward momentum, trading around 0.9045 during the early European session on Friday. This movement is primarily driven by renewed demand for the US Dollar (USD), which has gained strength amid shifting market expectations...