The Japanese yen (JPY) continues to exhibit a bearish sentiment in the foreign exchange markets. This prevailing weakness in the yen, coupled with a slight strengthening of the US dollar (USD), has propelled the USD/JPY currency pair to a two-week...
AUD/USD – Current Situation and Technical Analysis The AUD/USD pair has maintained its bullish journey for the sixth consecutive session. This rally has been supported by two major factors: continuous weakness in the US Dollar and a renewed risk...
AUD/USD The 4-hour chart for the Australian Dollar against the US Dollar (AUD/USD) reveals a period of considerable volatility and indecision. Price action over the past week has been characterised by significant swings, making it challenging to...
The AUD/USD currency pair is currently exhibiting a phase of consolidation around the 0.6400 level. This price action places the pair near the midpoint of its daily trading range, which has spanned from a low of 0.6349 to a high of 0.6436. Despite...
West Texas Intermediate (WTI) crude oil prices staged a recovery from their intraday lows during Thursday's Asian trading session, settling around the $62.20 per barrel mark. This rebound, however, appears to be encountering significant headwinds as...
