AUDUSD MARKET ANALYSIS On Tuesday (June 25), AUD/USD fell slightly by 0.13% to close at $0.6649. The market is currently waiting for Australia to release the May consumer price index (CPI) on Wednesday. The market expects a decline of about 0.2%,...
The EURCHF pair has been experiencing a persistent downward trend in its price movement recently, with a notable attempt to breach the support level (S1) at 0.9633. Traders and analysts have closely monitored these developments, observing multiple...
Yesterday, GBP/USD bounced off the 1.2603 level, triggering a minor decline. Unlike the euro, the British pound may resume its downward trend if the market plans to engage in selling. At the very least, the price should drop to the 1.2633 level....
Today, we'll examine the recent price trends of the EUR/USD currency pair. Analyzing the daily time frame chart, we can see a descending wave pattern, and the MACD indicator suggests a bearish market. By applying the Fibonacci grid to the initial...
The British Pound is on a tear against the Japanese Yen, fueled by a broad decline in the Yen's value. This decline comes despite the Bank of Japan's (BoJ) staunch commitment to ultra-loose monetary policy. The BoJ's attempts to talk up the Yen and...