The pair plummeted during the European session on Tuesday, reaching a low of 0.6580. This decline occurred despite a recent period of resilience following disappointing economic data. While Australian retail sales stagnated in July and expectations...
The EUR/USD currency pair has been facing downward pressure recently, and that trend may continue as market participants prepare for upcoming developments. One of the main factors influencing this is the anticipated policy decision from the European...
The spot price started the week just above the 1.2830 mark, but a lackluster intraday performance saw the pair fall back below this key level, closing the day lower. This reversal in price action came after cautious comments from Federal Reserve...
Forecast of USDCHF Due to the US election, many USD pairs gained strength, and the USDCHF is one of them. As a result, the price of the USDCHF increased steadily on the H1 time frame chart today. The USDCHF even crossed the 80 mark on the RSI...
Technical Analysis: USD/CAD: The one-hour currency pair USD/CAD study reflects an uptrend in a medium-term outlook with a strong bias. The uptrend is strong and will likely continue in the immediate term. At the same time, like all market trends,...