The outlook for the Greenback remains relatively strong in the near term, bolstered by positive US economic data and the Federal Reserve's cautious stance on interest rates. The minutes from the latest Federal Open Market Committee (FOMC) meeting...
•••XRP/USD: Ripple and the Momentum It Commands(December 15,2024)••• ••A Dynamic Snapshot of XRP/USD Today, XRP finds itself in an intriguing position, trading between $2.4212 (sell) and $2.4224 (buy). This isn’t just another day in the world of...
The price action reveals a consistent uptrend after a period of consolidation and decline. This upward momentum is visible as prices make higher highs and higher lows, a classic sign of bullish market sentiment. The sharp upward breakout from below...
USD/JPY Key Price Levels The weakening outlook of the Japanese Yen currency has made the USDJPY pair price movement able to continue the upward rally to above the SMA 200. This also weakens the direction of the bearish trend because the distance...
On the weekly chart of the USDCAD currency pair, I believe the price has not yet fulfilled its medium-term target at 1.4272. The price action has been quite technical according to Fibonacci levels. Previously, the pair broke through the 100%...