GBP/USD Price Forecast: Technical outlook GBP/USD ascends to 1.2451, buoyed by disappointing US NFP figures showing only 143K jobs added. US unemployment rate improves to 4%, with a notable increase in Average Hourly Earnings hinting at robust...
February 7, 2025 The Australian Dollar (AUD) is trading at approximately 0.6280 against the US Dollar (USD). The AUD/USD pair ticks higher in Friday’s European session but continues to face pressure near 0.6300. The Aussie pair turns sideways as...
AUDUSD Daily Time Chart Analysis AUDUSD is in a strong uptrend after bouncing off a 5-year low of 0.6087 earlier this week. The pair managed to break above the short-term simple moving average (SMA) on the 4-hour chart, signaling a resumption of...
USDCAD USDCAD outlook: The USDCAD pair is currently experiencing a tug-of-war between the strength of the US Dollar and the Canadian Dollar's sensitivity to oil prices. The USD remains solid, bolstered by strong US economic data, while the CAD is...
In the trading session at the end of last day, the EURUSD currency pair experienced significant bearishness, but because the descending candlestick was unable to penetrate the 1.0380 level, the movement turned bullish. It can be seen that the...
