This week, let’s take a look at some key pairs in the forex market. On September 8th, the EUR/USD pair showed a bearish trend, with the price falling below the 1.1800 level. This may indicate a potential continuation of the downtrend.
The GBP/USD pair also experienced a downward movement, dropping below the 1.3800 level. Traders should keep an eye on this pair for further bearish signals.
Meanwhile, the USD/JPY pair showed a bullish trend, reaching above the 110.00 level. This could signal a potential uptrend in the coming days.
Lastly, the AUD/USD pair remained range-bound, trading between 0.7350 and 0.7400. Traders should watch for a breakout in either direction to determine the next trend.
Overall, traders should closely monitor these pairs throughout the week to capitalize on potential trading opportunities.