Craft Winning Trades: NZD/ USD Prices Currently, we are dissecting the NZD/ USD currency pair's price action assessment. The situation for the quote is not very clear right now, as we are trading at 0.5757, and an excellent signal to sell will be...
Market Fundamentals: Market participants will also closely monitor upcoming economic data, including the US Personal Consumption Expenditures Price Index (PCEPI) inflation report and the quarterly update on US Gross Domestic Product (GDP) growth....
USDCAD Daily Time Chart Analysis (updated) The USD/CAD pair reached a two-month low, finding support at 1.4150. The pair is under pressure after a breakout of the ascending channel and a bearish crossover between the 20-day and 50-day simple moving...
EURUSD H4 Forecast The EUR/USD pair is struggling to stay above the psychological level of 1.0500 after failing to close above this key resistance level in the last trading session. At this point, the pair faced strong selling pressure, which...
Date: 21st February 2025. European PMI Disappoint, Weighing on Euro Before German Elections The German Manufacturing PMI read 0.5 points higher than previous expectations and the Services PMI was 0.2 points lower. The data from Germany was a relief...