Analyzing the GBP/USD hourly chart reveals a clear downtrend, emphasizing bearish momentum dominating the pair's movement from late December to early January. The price action displays lower highs and lower lows, a classic hallmark of a downward...
The Australian dollar (AUD) is facing significant selling pressure, trading near multi-year lows around 0.6150, following the release of stronger-than-expected US non-farm payrolls data. This robust US economic data reinforces the Federal Reserve's...
The Canadian dollar initially strengthened significantly following the release of strong December employment data, exceeding market expectations with a gain of 90,900 jobs. This robust employment growth, the highest in two years, initially boosted...
Trading journal Sunday, January 12, 2025 GBPUSD Assalamu'alaikum and good morning, Hopefully on this weekend holiday forex traders and members of the Investsocial Indonesia forum are still in good health and get the blessing of health and the...
USD/JPY Price Movement Insights Presently, we are dissecting USD/JPY's dynamic pricing behaviour. The ongoing wildfires in the United States have caused significant environmental damage, but their economic impact is now coming under the spotlight....
