Technical Analysis: Australian Dollar tests 14-day EMA near 0.6250 The Australian Dollar loses ground as Trump plans to impose a 25% tariff on all steel and aluminum imports. The AUD faced challenges as China's retaliatory tariffs on certain US...
As of February 10, 2025, gold (XAU/USD) has reached unprecedented levels, with spot prices hovering near record highs. This surge is primarily driven by escalating global trade tensions and investor flight to safe-haven assets. Current Economic...
Until the end of last week, the Euro failed to consolidate over the trend lines of price channels and retreated back under the red descending channel line in the weekly chart. This price movement suggests that after closing the introductory gap, if...
General Points about USDCHF: The sellers of USDCHF have also been quite strong, similar to the sellers of USDCAD, showing how interconnected various currency pairs can be in reaction to economic events. A key factor driving this strength in USDCHF...
The Japanese Yen (JPY) continued its downward trajectory during the European trading session, weighed down by concerns that Japan could become a target for US tariffs. This concern, coupled with a slightly stronger US dollar, allowed the USD/JPY...
