Introduction: The AUD/USD pair has been seeing minor losses and tepid gains through the early European session. This article will delve into the reasons for this trend and analyze the current situation of the pair. The article will also provide readers with a better understanding of the technical and fundamental.
Introduction The USD/JPY currency pair has been on an upward trend in recent months, with the pair reaching a high of 110.96 in early April 2023. According to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, this upward momentum is likely to continue, with the pair’s.
Introduction The GBP/USD is a major currency pair that is widely traded in the forex market. Its value depends on a variety of factors such as economic indicators, political events, and market sentiment. Traders and investors are constantly monitoring the pair’s movements in order to identify trading opportunities and manage.
Introduction: The EUR/USD pair has been on a northward path, bouncing from a confluence support level near the psychological 1.0900 level. This level is where two major trendlines converge, as shown on the daily chart. In late trading, the pair was up 0.42% to 1.0972, supported by relatively benign market.
Introduction: The Euro (EUR) has been slipping against the US Dollar (USD) in recent sessions, with the pair trading in the 1.0930s during the European session on Wednesday. This represents a drop of a third of a percentage point on the day. This correction comes after the pair briefly reached.
The AUD/USD pair has been trending upward, gaining traction in the early part of the European session on Tuesday. The pair currently trades around the 0.6735-0.6740 area, up almost 0.60% for the day. The bullish trend of the pair is supported by a mix of factors. Factors Driving the AUD/USD.
Introduction: The USD/JPY pair has been experiencing an upward trend for a while now, and according to analysts at UOB Group, this trend is expected to continue. In their analysis, the experts pinpoint the 134.80 resistance level as the next target for the pair’s upside momentum. In this article, we.
GBP/USD is one of the most actively traded currency pairs in the foreign exchange market. It represents the exchange rate between the British pound and the US dollar. As with any currency pair, its value is subject to fluctuations based on a variety of economic and geopolitical factors. These can.
The EUR/USD pair has fallen by around 170 pips over the last two days, but is now pushing higher and eyeing a re-test of the 1.1000 level. This comes after the US dollar rallied on Monday, thanks to higher US Treasury yields. However, the dollar is slipping lower today, which.
The euro has gained ground against the US dollar, as fresh buying interest has emerged in the market. This has seen EUR/USD rise to the 1.0960 zone on Tuesday, indicating a trend of increasing demand for the European currency. The recent rise in the euro is being driven by a.
The AUD/USD currency pair has been under pressure recently as the US dollar has gained strength. Traders are keeping a close eye on the pair as it approaches the key target of 0.6650/20. In this article, we’ll take a closer look at what’s been driving the AUD/USD and what we.
Introduction: The USD/JPY currency pair has been trading in a narrow range around the 134.00 level in the Asian session. However, investors are betting on the US Dollar to gain strength and push the pair above the resistance level. This is due to the market’s expectations that the Federal Reserve.