Yesterday was a favorable day for sellers as they earned significant pips due to news about the Non-Farm Employment Rate and hourly earnings in the USA. This news caused the AUDUSD market to take a sharp bearish turn, closing at 0.6580. A potential...
Today's discussion focuses on evaluating the price movement of the USD/CAD currency pair. In recent trading sessions, we have observed significant growth, with the price surpassing the critical 1.3657 mark. This development aligns with the continued...
The GBP/USD currency pair has shown remarkable strength recently, capturing the attention of traders and analysts alike. Over the past month, the pair has demonstrated a consistent upward trajectory, culminating in a new two-month high. This...
Good morning, everyone. Today, I will discuss the peculiar USD/CHF pair. Currently, the USD/CHF pair is trading below the 50 and 20 exponential moving averages, both positioned at 0.9053. Before the market closed, bearish momentum increased,...
EUR/USD ANALYSIS. The monetary business sectors saw a change in feeling on Tuesday, making the euro lose critical ground against the US dollar. Investors returned to the dollar as a safe haven as a result of positive US economic data, which...