The New Zealand dollar against the US dollar (NZD/USD) pair showed modest gains below the 0.5790 level during the early Asian trading session on Thursday. This was due to ongoing uncertainties regarding potential changes in US trade policies....
Market optimism surrounding the US economy, which remains resilient despite global challenges, is driving this upward momentum. Strong job growth, consumer spending, and corporate earnings continue to support positive sentiment. However, with key US...
Trading journal Sunday, December 15, 2024 AUDUSD "A bearish rally is looming over the AudUsd market trend" Good afternoon, The price journey of the AudUsd pair until last Friday night was in the performance of a price movement that was continuing...
USD/JPY Key Price Levels The weakening outlook of the Japanese Yen currency has made the USDJPY pair price movement able to continue the upward rally to above the SMA 200. This also weakens the direction of the bearish trend because the distance...
Caught between bullish momentum fueled by shifts in monetary policy and external factors like China’s economic performance, and bearish technical indicators that urge caution. Recent developments have sparked optimism for the Australian Dollar,...