during the early Asian trading hours on Thursday. The modest recovery of the US dollar (USD) might be limited amid reduced bets on the US Federal Reserve's (Fed) rate cut this year. On Wednesday, the Canadian dollar (CAD) was trading thinly,...
Overview of trading and tips on USD/JPY The price test of 161.15 in the second half of the day occurred when the MACD indicator started to rise from the zero mark, which confirmed the correct entry point to buy the dollar during the ongoing bull...
The trading range in USD/CHF was expected to be between 0.90680 and 0.91560, with a possible support at 0.89890. However, there was an unexpected increase in the pair, which may have been influenced by seller stops being triggered. Despite the...
USD/CAD currency pair analysis: The USD/CAD price experienced a sharp decline, reaching the support area of 1.3673. Following this drop, the price has shown a steady rise. In recent weeks, it has been forming a bearish rising wedge pattern. This...
Understanding Forex with USD/ JPY Prices Our conversation focuses on the evaluation of the USD/ JPY currency pair's present price action. The expectation was for the bears to reinforce their position. However, we must watch for potential...