Market Fundamentals: The US Dollar (USD) strengthened following the Federal Reserve’s (Fed) hawkish policy stance, which also fueled a rally in Treasury yields while delaying expectations for an initial rate cut. The Fed signaled a slower pace of...
NZD/USD Greetings and Good Morning guys! New Zealand’s GDP rate was not too good to help the buyers of NZD/USD, which has led to a bearish sentiment in the market. The weak economic performance suggests that the New Zealand dollar may struggle to...
USD/CHF Greetings and Good Morning guys! The US Core Durable Goods and Unemployment Rates can help the buyers of USD/CHF cross the 0.9058 zone today. Key economic indicators will provide insight into the strength of the US economy and determine...
USD/JPY Daily Chart The USD/JPY market is currently downtrend and trading at 149.04 daily. The market is attempting to break the 149.0 support level, which could determine the future direction of price action. If the USD/JPY market breaks above...
EUR/USD Technical Analysis and Forecast The EUR/USD market trades around 1.0497 in the H1 timeframe. It currently has support at 1.0450 and resistance at 1.0530. These levels are critical as they will determine the next potential price move. On the...
