The NZD/USD pair experienced a slight decline on Wednesday, pulling back to the 0.5650 level as selling pressure reemerged following Tuesday’s attempt to recover losses. The pair continues to struggle around its 20-day Simple Moving Average (SMA), a...
The GBP/USD currency pair has demonstrated sustained bullish momentum, with the price remaining above the pivotal support level of 1.2417. This key threshold acts as a foundation for the current uptrend, as traders continue to favor long positions...
NZD/USD has shown a clear inclination toward further declines, with current price action suggesting that a drop of 20–30 pips remains the most probable scenario. The pivot point at 0.5661 plays a pivotal role in shaping market behavior, as it could...
The British Pound faces ongoing pressure as concerns over inflation and monetary policy persist. Bank of England (BoE) Deputy Governor Clare Lombardelli cautioned that inflation could remain above the bank’s 2% target, with wage growth stabilizing...
AUD/USD Good Morning guys! The market sentiment of AUD/USD looks in favor of buyers. Because, the Powell speech, and US CPI rates couldn't bring anything for the sellers of AUD/USD. So, we should trade carefully and according to the new market...