Date: 2nd January 2025. The USD Retraces But Can The AUDUSD Correct To 0.62320? Conclusion: *The US Dollar Index rose to its highest price since November 6th 2022 before the markets closed for New Years Day. *The Australian Dollar is the...
The currency pair remains under pressure, trading near 0.5580 during the Asian session on Thursday. The possibility of an interest rate cut by the Reserve Bank of New Zealand next week, coupled with rising geopolitical tensions, continues to weigh...
EURUSD currency pair - let’s look at the H4 chart again today. The past trading week was mixed. They went down a bit, then returned and stayed in place. Well, it’s understandable, pre-holiday and holiday days gave little movement, but on December 31...
EUR / USD: An Hourly Time Frame Road Map The bears are in full mood these days in the market of EURUSD. Thus, the price hit the 1.0350 level yesterday. Today, I recommend that the bearish scenario will remain in the market of EURUSD. A failure to...
Technical analysis of USDCAD Today we will perform a technical analysis on USD/CAD. USD/CAD is the main currency pair in the foreign exchange market. The market is currently between our support and resistance levels. USD/CAD remains bearish and is...
