During Thursday's North American trading session, the US dollar experienced a notable decline, propelling the EUR/USD pair to approximately 1.0450. This downward pressure on the dollar was reflected in the US Dollar Index (DXY), which measures the...
Litecoin (LTC) Market Analysisrice Action, Fundamentals Key Risks(February 22,2025) What’s Driving Litecoin’s Rally? Growing Speculation on a Litecoin ETF Buzz is growing around a potential Litecoin ETF, sending prices higher. The Depository Trust...
As traders await the publication of United Kingdom (UK) Retail Sales data, the GBP rises against the USD and breaks over the 1.2600 mark on Thursday. In the meantime, the US dollar declined due to a dismal US jobs report. The GBP/USD exchange rate...
USD/JPY Analysis: Will the Market Reverse or Continue Its Downtrend? Current Market Overview The current hourly chart of USD/JPY reveals a clear bearish trend. The price has been consistently declining and is currently at 149.247. This downward...
I believe that the current market scenario for EURUSD is quite intriguing, especially when analyzing the recent price action. I observe that Friday’s session closed with a bearish candle, but I notice that it is entirely engulfed within the larger...