In the immediate term, assuming sellers maintain control, the next support level is the November low of 0.6440 (November 14), followed by the 2024 bottom of 0.6347 On the upside, initial resistance is at the 200-day SMA of 0.6628, before reaching...
The pair has dropped to approximately 0.6480 in Monday’s North American session, reflecting a broader decline in the Australian Dollar as the US Dollar strengthens. This movement comes amid heightened anticipation of the United States presidential...
Donald Trump boosts currency options trading Remarkably, currency options trading picked up steam in light of Donald Trump's victory. Bloomberg reported that trading in currency options reached record levels following the election of the Republican...
the immediate term, assuming sellers maintain control, the next support level is the November low of 0.6440 (November 14), followed by the 2024 bottom of 0.6347 On the upside, initial resistance is at the 200-day SMA of 0.6628, before reaching the...
The euro staged a significant rebound against the US dollar on Monday, gaining nearly two-thirds of its value. This upward trend was fueled by a market-wide easing of the US dollar's dominance, providing an opportunity for the euro to regain...
