AUD/USD Technical Analysis: At the moment, AUD/USD is trading close to 0.6400, showing a bearish trend below the 50-day moving average. I see strong support at 0.6370, and if this level breaks, the pair could slide further toward 0.6300. On the...
The GBP/USD currency pair experienced a significant decline on Wednesday, settling around the 1.2750 level. This downward movement was primarily triggered by the release of the US November Consumer Price Index (CPI) data, which largely aligned with...
As the USD/CHF currency pair hovers around the 0.8830 mark, traders are navigating a landscape shaped by mixed signals and anticipatory moves. Recent stability in the Swiss Franc has been observed, even as it remains near its lowest point in a week...
EUR/USD stays under pressure and trades below 1.0500 in the American session on Wednesday. The US Dollar stays resilient against its rivals after the data showed that the annual CPI inflation edged higher to 2.7% in November, not allowing the pair...
The EUR/USD currency pair extended its downward trend for the fourth consecutive day on Wednesday, dropping to the 1.0500 level. This decline was primarily influenced by uncertainty surrounding the European Central Bank's (ECB) latest interest rate...
