On Friday, the USD/CAD pair exhibited a notable struggle near the crucial resistance level of 1.4200 during European trading hours. This movement followed a recovery from a three-day low of 1.4166, which was observed after Thursday's economic data...
During Thursday's North American trading session, the US dollar experienced a notable decline, propelling the EUR/USD pair to approximately 1.0450. This downward pressure on the dollar was reflected in the US Dollar Index (DXY), which measures the...
As I analyze the current market situation, I observe that the week has concluded with sellers maintaining their dominance, leaving buyers with little opportunity to recover. I note that trading finished near a critical support zone, a level from...
The British pound (GBP) experienced a reversal against the US dollar (USD) on Friday, relinquishing its earlier gains and turning negative after reaching a two-month high near 1.2680 during the North American trading session. This shift in momentum...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Today I want to share a new analysis. Overall, the market price of EUR/USD is floating in the 1.0459 area. The US dollar index aims to surpass the immediate resistance at 106.70. Look what I told you...