USD/CAD experienced a decline on Monday, breaking a three-day rally, as the US dollar weakened in thin trading ahead of the New Year holiday. The market is currently digesting the Federal Reserve's hawkish stance, which could provide support to the...
GBP/USD Technical Analysis: Right now, GBP/USD is trading around 1.2735, showing some upward momentum. The immediate resistance I’m watching is at 1.2750, with the next level at 1.2800. On the downside, key support sits near 1.2700, and if that...
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The currency pair is gaining traction near the 0.9040 mark, snapping a two-day streak of gains during the early European session on Monday. This movement reflects a response to the hawkish rate cut by the US Federal Reserve (Fed), which offers...
AUD/USD Analysis Current Price Action The AUD/USD trading pair is currently at approximately 0.6224. The price action from yesterday has formed a strong bearish candlestick, indicating a robust downtrend. Technical Indicators RSI The Relative...