The price has recently broken its four-day winning streak, trading around 0.8850 during the early session on Wednesday. The US Dollar (USD) received a boost after last Friday’s economic data cast doubt on the possibility of an aggressive interest...
The EUR/USD pair continues to face downward pressure, with bearish sentiment dominating the market. Traders are closely watching several key economic indicators, including the University of Michigan's 5-year Consumer Inflation Expectations and the...
Technical analysis AUD/USD D-1 Currency pair AUDUSD - Chart D1. The wave structure forms a downward trend. The MACD indicator drops into the lower sales zone and below its signal line. Before and after the US presidential election, there were quite...
The U.S. economy continues to show signs of resilience, as recent data from the Bureau of Economic Analysis (BEA) highlighted stable inflation and strong growth. The Personal Consumption Expenditures (PCE) Price Index rose 2.5% year-over-year,...
Technical Analysis GBP/USD H-4 chart Current price: 1.274 The pair is trading below both moving average levels (MA50 and MA200), indicating a bearish trend in both the short and long term. Moving Average: MA50: Since the price is below this line,...