February 7, 2025 The NZD/USD pair is trading around 0.5670, reflecting a modest decline of approximately 0.21% from the previous day. Despite this slight dip, the pair remains above its 20-day Simple Moving Average (SMA), indicating ongoing bullish...
AUD / CHF Market Outlook Good Morning to everyone! The AUD/CHF looks in favor of the buyers from yesterday. However, the market had reached an overbought zone and it was necessary to come back. Therefore, I expect that the market of AUD/CHF will...
In the trading session at the end of last day, the EURUSD currency pair experienced significant bearishness, but because the descending candlestick was unable to penetrate the 1.0380 level, the movement turned bullish. It can be seen that the...
For the USDJPY currency pair, it is currently still seen trying to move down again, since the market opened at the beginning of this month the price has dropped again breaking through the Simple Moving Average 60 and 150 indicators, giving an idea...
Date: 7th February 2025. Global Currency Market Analysis: Key Drivers and NFP's Impact. Key Takeaway points: * Top Currencies: The Japanese Yen, Canadian Dollar, and Australian Dollar led the week, but US NFP data may shake up rankings. * US...
