TRADING CHART ON AUD/USD DAILY. The Australian dollar has weakened against the US dollar over the past trading week. The US dollar has become stronger compared to major global currencies. The chart pattern shows a downward trend, with the AO...
•••USD/CAD Forecast: November 16, 2024 – Price Action and Key Drivers••• The USD/CAD pair remains a focus for many traders today, with the US Dollar continuing to show strength against the Canadian Dollar. As of now, the pair is holding above...
The pair extended its winning streak for the sixth consecutive day on Friday, climbing above the 1.4100 level during the Asian session. This upward momentum reflects the ongoing weakness in the Canadian Dollar (CAD), driven by market expectations of...
The AUD/USD pair traded within a narrow range on Friday, ultimately recording daily losses as the US Dollar wavered after mixed economic data. Market sentiment remains cautious, influenced by the Australian economy's uncertain outlook and the...
The USD/CHF pair regained footing after a volatile session following the Federal Reserve's decision to lower borrowing costs by 50 basis points. Despite reaffirming a data-dependent policy stance, Federal Reserve Chair Jerome Powell's comments left...
