Tag: Exchange rate

EURJPY recently hit its highest level since January 1992 but faced a pullback following suspected intervention from Japan. Despite this correction, the pair is...

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It involves leverage, which can increase the risk of...

The USD/CAD pair has shown some interesting movements recently, with a break of the 1.3652 resistance level indicating a possible short-term bottom at 1.3588....

The USD/CHF pair experienced a decline from 0.9049 last week, despite a temporary recovery. It was anticipated that the bounce back from 8825 would...

The USD/JPY pair experienced a significant drop last week, indicating a short-term peak at 161.94. The presence of bearish divergence in the D MACD...

EUR/USD saw a strong rally last week, reaching a high of 1.0910. The current bias is still leaning towards the upside for the coming...

The Pound Sterling saw a significant increase in value against the US Dollar as a result of positive data from the UK and disappointing...

USD/CAD has been trading within a tight range recently, reflecting the consolidation of the US Dollar Index and the potential rate differential between Canada...

The US Dollar weakened last Friday due to a soft US NFP report that showed a cooling labor market. This led to an increase...

GBPAUD has been showing a strong support level above 1.8900, preventing significant downward movements. Despite trading below a downward sloping trendline, the pair has...