The USD/JPY exchange rate, currently at 157.45, is experiencing a bearish trend, indicating a gradual decline in the value of the US dollar against the Japanese yen. This trend suggests that traders and investors might be anticipating further...
On the daily chart for the British currency, we observe a clear signal to sell. Let's delve into the details of this analysis to understand the underlying factors contributing to this conclusion. The pound/dollar (GBP/USD) pair has been trading...
USD/CHF Currency Pair Analysisersistent Bearish Trend and Future Prospects: Over the past two weeks, the USD/CHF currency pair has exhibited a notable bearish trend. Starting from the market opening on Monday, buyers made an attempt to push the...
AUD/ USD Price Summary I will examine the dynamic pricing behavior of the AUD/ USD currency pair in real time. Buyers failed to hold above the 61.8% correction level between the 0.6575 to 0.6703 wave, resulting in a break below it, suggesting...
Regarding the broader market performance, a note from iForex Europe, a foreign exchange trading company, highlights that the US dollar has been on the rise, largely due to increasing Treasury yields. This rise in Treasury bond yields is attributed...