The EUR/USD currency pair sputtered this week, failing to capitalize on its recent gains. After a brief surge above 1.0900 to kick off the week, the Euro retreated sharply, settling back near the top of a downtrend channel. This hesitation stems...
### Market Analysis for AUD/USD Currency Pair On Thursday, July 11, the Australian dollar (AUD) demonstrated a cautious yet upward movement against the US dollar (USD), closing at 0.6759, reflecting a 0.2% increase. The pair reached an intraday high...
Since the announcement of numbers lower than all expectations for US inflation levels, the price of the US dollar against the Japanese yen (USD/JPY) has been exposed to strong selling operations, as a result of which it moved towards the 157.37...
### GBP/USD Price Activity Since the morning of June, the GBP/USD pair has been predominantly bearish, falling through the 100-period simple moving average (SMA) zone. However, as July commenced, buyers gained control, and prices began to sluggishly...