In light of this, the GBP/USD pair continues to have a positive bias after decisively breaking over the significant 200-day SMA (1.2550). After that, the next objective is the psychological milestone of 1.3000, which is the peak of 1.2893 (March 8)...
Charting the Course: EUR/ USD In our discussion, we'll analyse the price changes of the EUR/ USD currency pair. The resistance zone of 1.0724-54 has not been possible, causing the EUR/USD price to fall back to support levels. The initial local...
Gold Market Analysis : 50-day moving average under pressure In the volatility of financial markets, spot gold has become a safe haven for investors due to its safe-haven properties. This Thursday, the strong performance of spot gold prices once...
Buoyed by positive economic data and a weakening US dollar, the New Zealand dollar (NZD) is flexing its muscles against its American counterpart (USD). Early on Thursday during Asian trading hours, NZD/USD climbed to around 0.6145, fueled by New...
Analyzing the GBP/JPY Technical Forecast The British pound has defied expectations by continuing to strengthen despite yesterday's inflation data. The UK's Consumer Price Index (CPI) finally reached the Bank of England's target of 2%, indicating a...