AUD/USD As of today, AUD/USD is trading around 0.6273, showing some recovery from its recent low of 0.6080 earlier this month. I’ve noticed that this rebound aligns with the 23.6% Fibonacci retracement level, suggesting some bullish potential....
The USD/CAD H1 chart shows a strong volatility phase, followed by a sharp spike and a steep decline, reflecting a major shift in market sentiment. The price initially moved within a consolidation phase, staying relatively stable with slight upward...
The GBP/JPY pair is currently trading around the 191.20 level during Wednesday's early European trading session. The Japanese yen (JPY) has weakened due to concerns that US tariffs on imports of essential goods could negatively impact Japan’s...
Technical analysis of the AUDUSD pair The technical analysis of the pair on the 4-hour chart shows the beginning of a bearish wave for the price after the price succeeded in breaking the ascending channel that represents the general trend during...
US Dollar Index: Current Market Analysis Overview of the US Dollar Index (DXY) The US Dollar Index (DXY) has recently shown signs of consolidation, trading around the 108.10 mark during Asian hours on Wednesday. This movement follows a recovery from...
