Technical analysis of NZDUSD The NZDUSD pair closed today’s session at 0.5820 ahead of a two-day market holiday. With trading paused, attention shifts to key technical levels that may influence price action upon reopening. The pair has been trading...
GBPAUD Analysis On a daily basis, the GBPAUD pair’s trend structure shows a strong and clear uptrend that has been developing steadily over the past few months. The currency pair followed an ascending channel pattern, making a series of higher highs...
Market Fundamentals: The People's Bank of China (PBoC), in collaboration with the State Planner, is taking proactive steps to support China's slowing economy. According to PBoC official Peng Lifeng, the central bank plans to assist domestic banks in...
General Points about EURUSD: The EURUSD market sits near the 1.1360 mark, following an unexpectedly strong surge exceeding 160 pips throughout the week. That upward pressure has amplified buying interest, especially after earlier sessions lacked...
EUR/JPY Market ForecastHello and good morning everyoneThe EUR/JPY market rebounded yesterday, successfully surpassing the 161. 00 mark. This indicates that the downtrend is nearing its end, with buyers starting to rise again. In the upcoming hours,...
