The pair experienced a notable decline on Friday, retreating to the 157.10 level as the DXY weakened against all major currencies. This depreciation of the USD provided the Japanese Yen (JPY) some respite from widespread market pressure, allowing it...
The pair has been trading positively for the fourth consecutive day, reaching near 156.70 on Friday during the early Asian session. This rise is largely driven by speculation that the Federal Reserve (Fed) may maintain higher interest rates for an...
Exploring GBP/USD Price Action: Insights and Strategic Adjustments: Our focal point today revolves around a comprehensive analysis of the GBP/USD currency pair's price dynamics, offering insights into the prevailing market conditions and strategic...
The pair experienced a trimming of gains near the 157.00 mark during the early Asian session on Friday. This movement comes in the wake of softer-than-expected US CPI inflation data, which has exerted selling pressure on the US Dollar (USD)....
EUR/USD: Current Situation The EUR/USD pair is presently in a slow uptrend. However, last Friday, just before the market closed, the H4 chart indicated the beginning of bearish pressure. The price closed at the 1.0801 level. Looking ahead to next...