AUD/USD rose for the third day in a row on Wednesday, breaking above the 0.6200 hurdle and exposing the continuation of the ongoing recovery in the very short term at least, with the immediate resistance around 0.6300 prior to the release of the key...
The currency pair USD CAD is currently in a consolidation phase after a significant bullish movement in the past. For over 3 weeks, the price has been consolidating in the high/resistance area. A sell structure has formed in the previous week, as...
The EUR/GBP exchange rate dipped slightly to around 0.8440 during North American trading on Wednesday, following a five-day rally. This upward trend was initially fueled by a surge in UK government bond yields. However, the momentum appears to be...
The NZD/USD pair rose by 0.30% on Wednesday, reaching 0.5615 after breaking above its 20-day Simple Moving Average (SMA). This modest increase could act as a catalyst for further gains if the pair manages to hold its position above the 20-day SMA....
•••USD/JPY Market Buzz: What's Moving the Pair Today(January 16, 2025)?••• • The dollar-yen pair is holding firm at 157.96, keeping traders on their toes as the week heats up. Today’s action hints at a delicate dance between two very different...
