Over the past few years, global financial markets have entered a new phase defined by aggressive monetary tightening. Central banks such as the Federal Reserve and the European Central Bank have shifted from ultra-loose policies to sustained high...
GBP/USD Technical Analysis – Downtrend with Potential Market Correction The GBP/USD currency pair is currently trading at 1.3425, and the overall market structure indicates that the pair is in a downtrend at the moment. In recent trading sessions,...
GBP/USD DAILY CHART ANALYSIS The beginning of the week is important for GBP/USD as there is a multitude of macroeconomic releases out of the United Kingdom that have the capability of changing the expectations for monetary policy in the foreseeable...
The graph shows the price movement of the New Zealand Dollar (NZD) against the U.S. Dollar (USD) over a trading session from 09:00 to 16:00, displayed on the FXCM platform. The current exchange rate is *0.58390*, with a gain of *+0.00162* (+0.28%)...
EURUSD Daily Forecast The rebound of EUR/USD from its recent multi-month low of about 1.1410 seems to have lost its momentum at around 1.1530. The recovery attempt is likely to stall due to strong resistance at the 20-day simple moving average at...
