The start of the week sees a decline in the dollar price. This comes immediately after it suffered a weekly drop for the first time since March. As a result, economists are forecasting more bubbles in the dollar, especially with increasing interest rates in the United States. There is now a strong …
Price Action Charts in Focus
AUDJPY: Price May Break down $89.086 Support Level
The pair looks bearish in the long-term outlook and bullish in the medium-term outlook.The currency pair could still decrease despite its minor positive moves.AUDJPY Weekly Price Analysis – May 22AUDJPY price may fall further if the bears’ pressure increases and this may push the price down to …
USD/CAD Consolidates above Level 1.2800 but Struggles below 1.2900
USD/CAD Long-Term Analysis: BullishUSD/CAD has resumed an uptrend but it is trading between the moving averages as it struggles below 1.2900. The price was fluctuating above the moving averages before breaking below the 21-day line SMA. The currency pair will be compelled to a range-bound move if …
