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...
GBP/USD extends its weekly slide and trades at its weakest level since November 2023 below 1.2250. The data from the US showed that Nonfarm Payrolls rose by 256,000 in December, fuelling a US Dollar rally and weighing on the pair.The Relative...
The NZD/USD pair has fallen to 0.5590 since Friday, marking a two-year low, driven by a strong US dollar and concerns about China's economic performance. The New Zealand dollar's decline comes ahead of the release of the US jobs report for December,...
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...
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...
