AUD/USD Drops to Around 0.6580 in Early Asian Trading: Early on Friday in the Asian trading session, the Australian Dollar (AUD) fell against the US Dollar (USD), with the exchange rate settling near 0.6585. Several important factors influenced this...
The EUR/USD currency pair, which measures the value of the Euro against the US Dollar, has recently shown a notable pattern in its trading behavior. Specifically, it has dropped below its ascending channel on two distinct occasions. These...
The Euro (EUR) took a hit against the US Dollar (USD) last Friday, closing at 1.0820 on the New York Stock Exchange. This decline came after positive US employment data for May surprised analysts. The report revealed a stronger-than-expected labor...
GBP/USD ANALYSIS. We should dive into the ongoing value conduct of the GBP/USD money pair. The pair crossed the bullish buy level at 1.2778 earlier this week, indicating a possible upward trend. Answering this sign, I bought GBPUSD, determining an...
On Friday, the NZD/USD currency pair reached approximately the 0.6142 zone, presenting a less-than-ideal situation for buyers. This development signals a potential downturn, leaving traders and investors wary of the current market conditions. For...