The USD/CAD currency pair, which is currently trading at 1.3698, has exhibited a bearish trend recently. This indicates that the US dollar has been weakening against the Canadian dollar. A bearish trend typically means that sellers are dominating...
USDJPY MARKET ANALYSIS On Thursday (June 27), USD/JPY closed at 160.76, slightly away from the 38-year high of 160.88 reached on Wednesday, as the United States released a series of weak economic data that day. The United States released a lot of...
The currency market promises an intriguing day ahead, marked by nuanced movements. While there has been a minor retracement, the potential for further upward momentum remains compelling. Currently, all eyes are on the pivotal price level of 1.0740,...
As of Friday, the situation looks bleak for the USD/Swiss Frank currency pair, as on the one hand we are witnessing a four-hour long downtrend for the currency pair, during which bearish prices have fallen. 0.8830, but the latest event, for example,...
Analysis of the EUR/USD Currency Pair: The EUR/USD currency pair has developed a trading channel, indicating a phase of accumulation. In simpler terms, this means that the price is moving within a defined range as traders buy and sell the currency...