The currency pair opened the week with a sharp decline, extending a two-day losing streak before finding support around the key psychological level of 1.0450. On Friday, however, the pair saw a slight recovery, rising to 1.0525 as buyers stepped in....
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. At the moment the market price is falling, which helps the price fall, maybe now that trend has been broken and the market price has started to rise. The market price has...
The Spot price has managed to recover part of its heavy intraday losses against the US Dollar, rebounding by around 50 pips after hitting a fresh three-month low. Despite this short-term recovery, a sustained price appreciation remains elusive. The...
The GBP/USD currency pair continues to face significant bearish pressure, primarily driven by the strength of the U.S. Dollar and ongoing geopolitical uncertainties. Despite some supportive factors for the British Pound, such as reduced expectations...
The GBP/JPY market is now in favor of the buyers. Because yesterday it crossed the 191.00 area and the buyers seem optimistic. So I expect the next target for this market to be 192.55.Keep in mind that prudent account management is another essential...