GBP/USD picks up fresh bids and clings to modest daily gains above 1.2750. Markets cheer improving risk sentiment as traders shrug off geopolitical risks and reposition ahead of the US inflation test, making it difficult for the US Dollar to gather...
Technical analysis of USDJPY Today I picked USD/JPY for technical analysis, and the market price fell one level and is now closer to the trend line, helping to push the price higher. After breaking the market price support at 150.61, it also damaged...
Global risk sentiment plays a pivotal role in shaping the outlook of the NZD/USD pair, given the Kiwi Dollar's status as a commodity-linked currency. The Kiwi often mirrors fluctuations in equity markets and global growth expectations. Persistent...
The GBP/USD is showing an uptrend today and is trading within a certain trend line. It is currently trading above the 100 simple moving average, which indicates a supportive trend in the near future. On the H4 chart, the RSI is located near 60,...
The economic outlook for the Eurozone is becoming increasingly uncertain as growth prospects weaken. European Central Bank (ECB) President Christine Lagarde recently addressed the European Parliament's Committee on Economic and Monetary Affairs,...