Today's USD to GHS Price Update

Summary
This article provides real-time exchange rates and volatility information for USD to GHS, helping traders quickly grasp market dynamics and potential trading opportunities.

Definition

The US Dollar (USD) is one of the major fiat currencies, while the Ghanaian Cedi (GHS) is an important representation of the Ghanaian economy. The exchange rate between the two reflects not only the market’s perception of the Ghanaian economy but also investors’ confidence in the stability of the US Dollar.

Today’s Price

• 1 USD = 11.41 GHS
• 24h High: 11.3836 GHS
• 24h Low: 11.3435 GHS

Market Analysis

Recently, the USD/GHS exchange rate has shown a consolidation pattern, influenced by technical factors and market sentiment.

• Technical focus: Key support level at 9.80, resistance at 13.96
• Risk alert: Potential for increased volatility due to the break from historical upward trend
• Trading opportunity: Watch for possible rebounds from the current consolidation zone between 10.50 and 9.80 GHS

Conclusion

Continue to monitor USD/GHS market conditions, combining market trends and technical indicators to reasonably plan trading strategies and capture potential opportunities.