Tag: Exchange rate

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USD/CNH Forecast: Potential Break Above 7.3000 to Reach 7.3100 – UOB Group

The US Dollar (USD) is expected to increase in value according to analysts at UOB Group. However, they do not foresee the USD reaching...
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Canadian Dollar Rises to High End in Quiet Monday Trading

The Canadian Dollar (CAD) saw a slight rise on Monday as the US Dollar weakened, providing some breathing room for the CAD against other...
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EUR/USD Forecast: Clearing 1.0760 Barrier Essential for Stronger Correction

The EUR/USD pair saw a bounce on Monday as traders took profits from the previous week's fall. Despite weaker than expected German Ifo data,...
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USD/JPY Daily Forecast: Latest Analysis and Trends – Action Forex

The USD/JPY currency pair's daily forecast shows that the intraday bias is currently on the upside. The ongoing rally is expected to reach the...
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USD/CAD Gains Near 1.3700 as Fed Delays Rate Cut Timing

The USD/CAD pair stopped its six-day losing streak and is currently trading around 1.3700 in the Asian session on Monday. This turnaround was prompted...
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USD/CHF Weekly Forecast: Latest Analysis and Predictions

The USD/CHF pair took a dive to 0.8825 last week before making a strong recovery. Currently, the initial bias is neutral for consolidations above...
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GBP/USD Weekly Analysis: Bearish Turnaround Deepens

The GBP/USD pair saw a significant decline last week as the Cable hit fresh lows on Friday. This bearish trend was driven by upbeat...
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GBP/USD Weekly Forecast: Key Analysis and Predictions

The GBP/USD pair continued to decline last week, falling from the short-term high of 1.2859 despite a temporary recovery. This week, the initial bias...
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USD/JPY Weekly Forecast and Analysis – Action Forex

The USD/JPY pair saw a significant increase last week, rising from 151.68 to 159.81, showing no clear signs of a peak yet. The initial...
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Australian Dollar Weakens as PMI Data Disappoints

The Australian Dollar has been facing significant declines recently due to fading RBA gains and disappointing PMI data. The AUD/USD pair has been testing...

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XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area

The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63...