GBPUSD D1 The British Pound (GBP) faced headwinds on Friday after a three-day rally, as the US Dollar (USD) strengthened. The GBP/USD pair dropped to around 1.2760 after the US Dollar Index (DXY) rebounded above 105.00. This rise in the USD came...
EUR/USD/H4 We open the daily chart for the euro/dollar pair and see that a strong downward price channel was previously broken, within which the major is trading at 1.0743. Moreover, it is worth noting the fact that earlier there was a rebound from...
USD/CAD Currency Pair Analysis: Weekly Review and Future Outlook: As we conclude the trading week, it's time for an immediate review of our position on the USD/CAD currency pair. Over the past two years, we have been monitoring a long-term pattern...
The USD/JPY market experienced a turbulent day, with buyers unable to recoup their losses, driving the price down to approximately 155.26. This suggests a shift in momentum towards the sellers, making a buy order on USD/JPY more advantageous than...
Daily time frame chart outlook: The AUDUSD price activities were generally in a bullish trend earlier, but they tested the overbought level, which is why the price fell in response to the adjustment. The price has been moving in a descending channel...