EUR/USD Sentiment Update The EUR/USD market experienced significant volatility following the release of key US economic data such as Average Hourly Earnings (Average Monthly Wages), Nonfarm Payrolls Change, and the Unemployment Rate. These reports...
The EUR/JPY currency pair has shown a dynamic price movement in recent weeks, reflecting the interplay of technical and fundamental drivers. Analyzing the H1 (hourly) chart, the pair appears to be trading in a medium-term consolidation phase...
NZD/JPY Analysis Update Friday, January 10, 2025 The ongoing downward rally in the NZDJPY pair is likely to produce a death cross signal. Just to make sure, we need to wait for the EMA 50 that crosses the SMA 200 downwards to widen. If the two...
EUR/USD stays under bearish pressure and trades below 1.0300 in the American session on Friday. The US Dollar benefits from the upbeat jobs report, which showed an increase of 256,000 in Nonfarm Payrolls, and forces the pair to stay on the back foot...
GBP / AUD: Trading Recommendation The market sentiment of GBPAUD hit the 1.9888 level yesterday, signaling a shift in trading momentum. The contrasting economic landscapes between the United Kingdom and Australia in the current week have...