EUR/USD: Simple business tips for beginner traders on February 6 (US session) Analysis of Trades and Trading Recommendations for EURO The 1.0380 price test occurred at a time when the MacD indicator dropped significantly under the zero mark, which...
The Reserve Bank of New Zealand (RBNZ) has been compelled to adopt an aggressive policy-easing approach due to declining inflationary pressures, weakening labor demand, and sluggish business activity. Meanwhile, the U.S. Dollar faces headwinds as...
The Bank of Canada (BoC) is widely expected to implement a 50-basis-point rate cut, bringing its benchmark interest rate down to 3.25%. This dovish policy stance continues to weigh on the Canadian Dollar (CAD), with limited technical indications of...
The New Zealand Dollar (NZD) is showing signs of a potential upward movement, with key resistance levels in focus. In the short term, the NZD could test the 0.5705 level before stabilizing, though the next resistance at 0.5725 is unlikely to be...
EUR/USD Analysis: Current Market Outlook Current Trend and Price Action The EUR/USD pair is currently in an uptrend on the H1 time frame, with the price situated at 1.0414. The Relative Strength Index (RSI) is positioned below 70, indicating that...
