The GBP/USD pair continues to exhibit bearish price action, with downside momentum strengthening as U.K. economic data reinforces concerns about slowing growth and weakening consumer demand. Recent reports have shown a decline in business...
The euro has seen a dramatic decline because US tariffs on goods from countries such as Canada, Mexico and China began in force, with the expectation that similar measures could eventually spread to Europe. In the open market, the euro has increased...
USD/CAD Fundamental Analysis: Today, I’m keeping a close eye on USD/CAD as it reacts to recent economic data and oil price movements. The U.S. dollar remains strong after Friday’s better-than-expected Non-Farm Payrolls (NFP) report, reinforcing...
EUR/JPY EUR/JPY has been showing strong bearish momentum today, opening with a downside gap and breaking key support at 160.20. It quickly hit the 158.40 target, reinforcing the ongoing downtrend. Right now, I’m keeping an eye on the next support...
USDJPY USDJPY outlook: The USD/JPY pair continues to show strength due to divergent monetary policies between the Federal Reserve and the Bank of Japan. The Federal Reserve has maintained a hawkish stance, raising interest rates to manage...
