The GBP/USD is showing an uptrend today and is trading within a certain trend line. It is currently trading above the 100 simple moving average, which indicates a supportive trend in the near future. On the H4 chart, the RSI is located near 60,...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis. Market prices are rising. Market price fell below 0.8312 resistance and rebounded after reaching the 0.8272 support level. If the market fails to break above this support...
EUR/USD Weekly Preview: CPI, PPI, ECB In two weeks, the currency market will de facto go on a Christmas/New Year vacation, which will not end until early January. But before leaving, traders will "slam the door loudly," reacting to the key events of...
Global risk sentiment plays a pivotal role in shaping the outlook of the NZD/USD pair, given the Kiwi Dollar's status as a commodity-linked currency. The Kiwi often mirrors fluctuations in equity markets and global growth expectations. Persistent...
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,...