The current short-term situation appears to be following the broader monthly trend, but I note that a new short-term turning point emerged just yesterday at the level of 1.2637. I believe it is now advisable to test this level from above, as this...
PAIR REVIEW GBPUSD Hello. I think we still have support at 1.2600. While the price of GBPUSD is higher, there is every chance for a recent wave of growth. I also assume that this week we will not have time to reach the 27th figure (to the level of...
Core Points about NZDUSD: The RBNZ Governor's speech, along with the Monetary Policy Statement and RBNZ Cash Rates, has significantly strengthened the New Zealand dollar. Positive signals from the central bank have boosted investor confidence,...
During Friday's European session, EUR/USD fell to about 1.0470. The Hamburg Commercial Bank (HCOB) released preliminary Purchasing Managers Index (PMI) data for February for the Eurozone and its major countries. The major currency pair declined....
Market Fundamentals: The Dollar strengthened during the European session following Russian President Vladimir Putin’s approval of a nuclear doctrine revision in response to Ukraine’s use of long-range missiles—permitted and supplied by the US under...
