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FxNews—The American Dollar has been consolidating against the Danish Krone since the August 26 low of 6.659. As of writing, the USD/DKK currency pair trades at about 6.741, slightly below...
Forex Technical Analysis
FxNews—The U.S. Dollar dipped to 1.343 this week against the Canadian dollar, a level supported by the robust ascending trendline shown in the weekly chart below. As of writing, the...
FxNews—The U.S. Dollar has been in a bear market against the Swiss Franc since the May 1 high at 0.922. The bear market and the selling pressure eased this week...
FxNews—The U.S. Dollar turned bearish against the Japanese Yen after the price tested the %38.2 Fibonacci resistance level on August 15. As of writing, the USD/JPY currency pair trades bearish...
The New Zealand dollar struggles to stabilize above the July 8 high of $0.615 against the U.S. Dollar. The NZD/USD 4-hour chart below demonstrates the price, key support and resistance...
FxNews—The British pound’s uptrend has reached its 2023 all-time peak at 1.314 against the American dollar. As of writing, the GBP/USD currency pair trades slightly below the 2023 high at...
FxNews—The European currency has been in an uptrend against the U.S. Dollar since June 9 from the $1.066 mark. The robust buying pressure exceeded yesterday’s trading session’s December 12, 2023...
