EUR/USD April Decline: Down 2.62% to 1.0650Forex

EUR/USD April Decline: Down 2.62% to 1.0650

Key Points EUR/USD is trading near 1.0650, close to the 200-hour EMA, with the potential to reach 1.0500 or recover…

USD/CAD Hits 1.3695, Reflects Economic TrendsForex

USD/CAD Hits 1.3695, Reflects Economic Trends

Key Points: Recent drops in crude oil prices have pressured the Canadian dollar, affecting the USD/CAD rate. Positive US economic…

AUD/JPY Holds at 99.90; PMI Reaches 24-Month HighForex

AUD/JPY Holds at 99.90; PMI Reaches 24-Month High

Key Points: AUD/JPY at 99.90, with key support at 99.65 and resistance at 100.00; a 14-day RSI above 50 suggests…

Israel Economy: $43 Billion in War-Related DebtEconomy

Israel Economy: $43 Billion in War-Related Debt

Key points The economic outlook for Israel in 2023 saw a sharp rise in national debt, increasing from 60.5% to…

USD/INR Navigating Through the Peaks of 83.50Forex

USD/INR Navigating Through the Peaks of 83.50

Key Points: USD/INR reached a high of 83.50, with crucial support at the 100-day EMA of 83.12. RSI at 55…

The GBP/USD surged to 1.2400 with Key FiguresForex

The GBP/USD surged to 1.2400 with Key Figures

Key Points: GBP/USD recovered, approaching 1.2400 after a downtrend, boosted by USD’s slight decline. Iran’s non-retaliation in geopolitical tensions eased…

Forex Analysis: USD/JPY Tests Key 155.00 ResistanceForex

Forex Analysis: USD/JPY Tests Key 155.00 Resistance

Key Points USD/JPY shows overbought signs; key resistance at 155.00 could dictate future direction. Persistent low interest rates in Japan…

AUD/JPY Closes at 98.20 Amid Global TensionsForex

AUD/JPY Closes at 98.20 Amid Global Tensions

Key Points: AUD/JPY closed at 98.20, facing resistance at 98.50 and 50-day EMA. Geopolitical tensions, like the Israeli missile strike,…

Indian Rupee: Economic Forces and Geopolitical RisksForex

Indian Rupee: Economic Forces and Geopolitical Risks

Key Points: Rising oil costs weaken the Indian Rupee due to India’s significant oil imports, impacting its trade deficit and…

USD/CAD Climbs to 1.3780 Amid Geopolitical TensionsForex

USD/CAD Climbs to 1.3780 Amid Geopolitical Tensions

Key Points: Israeli strikes in Iran propel USD/CAD to 1.3780, driven by Middle East uncertainties and US dollar strength. Rising…