January 31, 2025 NZD/USD stages a modest recovery from over a one-week low amid subdued USD demand The NZD/USD currency pair is exhibiting bearish tendencies. The pair is trading near 0.5645, approaching the 20-day Simple Moving Average (SMA), a...
On Wednesday, the NZD/USD currency pair recorded a modest increase of 0.30%, reaching a price level of 0.5615. This uptick occurred as the pair extended its gains above the 20-day Simple Moving Average (SMA). The movement above this moving average...
EUR/JPY: Opportunity to go for a short trade to make some green pips. The overall trend of the market is bearish. The market respects EMA 31 and EMA 56. The bullish MACD divergence appeared on the hourly time frame. A bullish pullback has a great...
EUR/USD Price Move Lookout The topic at hand is the price action analysis of the EUR/USD currency pair. The EUR/USD H4 chart, as we approach the market close this Friday, displays a bearish sentiment with the pair trading around 1.0380. The price...
XAUUSD(Gold) XAUUSD(Gold) outlook: The gold market is driven by several key factors. The recent economic data out of the U.S. continues to provide mixed signals, but with inflation data still somewhat elevated, the Federal Reserve remains...
