The Euro (EUR) started the week strong against the US Dollar (USD), reaching a multi-week high above 1.0770 on Monday. However, this momentum didn't last long. Investor sentiment shifted after disappointing economic data from both the US and the...
The global energy market is experiencing a surge in oil prices, driven by a confluence of factors. Geopolitical tensions in the Middle East continue to cast a long shadow, raising concerns about potential supply disruptions. Additionally, the...
The British Pound (GBP) had a rollercoaster ride against the US Dollar (USD) this week. Early Monday, the GBP/USD pair defied expectations and surged above the key 1.2700 level. However, this optimism was short-lived. As the US market opened,...
The pair experienced a significant dip on Thursday, dropping to 1.0670 before recovering to the 1.0700 level during the US market session. The Euro is facing political pressure due to a recent shift in European voter sentiment toward right-of-center...
NZD-USD PAIR MOVEMENT Intraday analysis of the nzdusd pair using a 1-hour timeframe showed that on Monday yesterday, the correction movement rose to the dynamic resistance of the MA period 200 which was positioned at a price of 0.6100. At that...