Technical analysis of GBPNZD Today we will perform a technical analysis on GBP/NZD. The market is currently between our support and resistance levels. There is currently a bearish trend in the market. The market is now close to support at 2.1900....
Fundamental Analysis of USD/JPY: Key Takeaways US Economic Data Recent US economic indicators showed mixed results. The ISM Non-Manufacturing PMI for January came in at 52.8, notably lower than the expected 54.3 and the previous value of 54.1....
The GBP/USD weekly chart presents a long-term bearish trend with multiple retracement phases, consolidations, and resistance rejections. Historically, the pair traded above 1.70 in mid-2014 but experienced a sharp decline due to Brexit uncertainty,...
Weekly Analysisollar Index Surge Amid Tariff Threats Overview of the Dollar Index Movement On Friday, the dollar index (DXY) experienced a notable increase, rising to 108.2. This surge was primarily driven by the anticipation of reduced dollar...
The recent and pronounced decline in the GBP/NZD (British Pound to New Zealand Dollar) exchange rate raises important questions about the sustainability of the currently observed bullish trend. Traders and analysts are closely monitoring the...
