Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The market price is currently between the resistance level at 0.5880 and the support level at 0.5804. Now that the market price has broken the support level and closed...
The economic outlook for the Eurozone is becoming increasingly uncertain as growth prospects weaken. European Central Bank (ECB) President Christine Lagarde recently addressed the European Parliament's Committee on Economic and Monetary Affairs,...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. The market price fell below the 0.6465 resistance and rebounded after reaching the 0.6381 support. If the market fails to break above this support, the price is likely to...
GBP/USD picks up fresh bids and clings to modest daily gains above 1.2750. Markets cheer improving risk sentiment as traders shrug off geopolitical risks and reposition ahead of the US inflation test, making it difficult for the US Dollar to gather...
The pair currently exhibits a mixed outlook, influenced by uncertainties surrounding China’s economic health and potential shifts in US monetary policy. Market sentiment remains cautious as traders weigh China’s subdued stimulus measures against the...