Technical factors also play a crucial role in determining the support and resistance levels in currency trading. The 0.61068 support level might have been identified based on historical price action, where previous price movements found support or...
Hello, GBP/USD remained on the back foot and traded below 1.2700 in the second half of the day on Monday. The Fed's pessimistic expectations and a softer risk tone kept the US dollar intact, putting downward pressure on the pair. Feedspeak remains...
Hello how are you, USD/JPY has come under fresh selling pressure, testing 157.50 in Tuesday's Asian trading. BoJ Governor Ueda's defamatory comments set off a fresh bid below the Japanese yen, dragging USD/JPY lower. A sharp rebound in the US dollar...
AUD/USD Analysis The Australian Dollar (AUD) has declined vs. the US Dollar (USD) after encountering resistance at the 0.6700 mark once more. In future meetings this year, if RBA Governor Bullock makes it clear that a rate rise is imminent, the...
The EUR/JPY currency pair has been exhibiting some intriguing fluctuations lately. After reaching the pullback level of 168.50-168.75, the price attempted to break through but was unsuccessful, settling around the 168.20-168.64 range. This suggests...