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...
Technical analysis of USDJPY Today I chose USD/JPY for technical analysis. Currently, market prices are falling. The support level of the market is 151.95 and the resistance level is 153.75. Now, the market price range is between 153.75 resistance...
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 USD/CAD market has successfully broken through the 1.4230 area. This shows that buyers are resilient and can increase their value again. As of this week, the Canadian overnight rate has not been able to help USD/CAD sellers. Moreover, as this...
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....
