USDCAD Daily Time Chart Analysis The USD/CAD pair is under bearish pressure after breaking the uptrend and testing key support levels. After a long uptrend, the pair is currently hovering around the 1.4172 level and is struggling to recover from the...
EUR/GBP Downward Trend Continues The EUR/GBP currency pair has experienced a continued decline, trading at approximately 0.8325 during European trading on Friday. This downward trend has persisted for two consecutive days. Strength of the Pound One...
After Judo Bank's Purchasing Managers Index (PMI) was released on Friday, the Australian dollar (AUD) slightly declined in value relative to the US dollar (USD). However, US President Donald Trump's announcement of possible progress in trade talks...
Consumer Price Index Trends in Australia and Market Reactions Overview of Australian Inflation The Trimmed Mean Consumer Price Index (CPI), closely monitored by the Reserve Bank of Australia (RBA), has shown a decline to 3.5% in the third quarter,...
Analysis of GBP/USD Price Movement on H1 Timeframe The chart above illustrates the price movement of GBP/USD on the H1 (one-hour) timeframe. Over the past day, I have been closely monitoring the significant upward movement of GBP/USD. Initially, I...
