The pair experienced a significant decline, falling to near 0.6470 during Friday's North American session. The AUD is facing pressure as the USD extends its recovery, driven by diminishing fears of a US recession and the scaling back of bets on...
Gold has recently surged to the top of its trading range, a level it has oscillated within since July. On Friday, the precious metal touched this ceiling before pulling back, signaling a possible sideways trend. At market close, gold was trading...
Analysis of Current Price Behavior of the USD/CAD Currency Pair Understanding the present price behavior of the USD/CAD currency pair is essential to making prudent trading decisions. Indeed, the past weeks have seen some exciting movement of the...
EUR/USD Currency Pair Technical Analysis: Recently, on a technical basis, the EUR/USD pair has broken below key supports, indicating a robust bearish market trend. Further, the 100-day and 200-day EMAs are trending lower, reflecting the bearish...
According to my point of view, Last trading week, buyers were able to keep the USD/JPY pair within the upward momentum that started from the low of 151.30. On Friday, the price successfully consolidated above the key resistance level at MACD 154.95,...