Good morning. In general, if you look at the older halves, there is not much activity in the Pound yet. I thought that yesterday’s inflation data would revive the market, but even the reduction in inflation did not find a response in the market. It...
AUDUSD MARKET ANALYSIS On Wednesday (June 19), the Australian dollar rose 0.29% to $0.6675 against the US dollar, thanks to the hawkish message sent by Reserve Bank of Australia Governor Bullock after the central bank's interest rate decision on...
USD-CAD PAIR REVIEW The USDCAD pair price is currently moving between EMA 50 and SMA 200. In addition, the price movement range is between the pivot point (PP) 1.3733 and support (S1) 1.3677. The price failed to continue its upward rally after...
In Tuesday's session, the NZD/JPY pair saw promising upticks, edging closer to the 97.00 resistance point after a strong defence of the 20-day Simple Moving Average (SMA) at 96.30, which has proven to be resilient against sellers' attempts. The...
Hello, GBP/USD is trading near 1.2700, weaker than the US dollar's renewal on Thursday. Downtick, however, lacks follow-through as traders wait for BoE policy announcements to place fresh bets. GBP/USD is trading within touching distance of the...