The USD/JPY exchange rate, currently at 157.45, is experiencing a bearish trend, indicating a gradual decline in the value of the US dollar against the Japanese yen. This trend suggests that traders and investors might be anticipating further...
NZDUSD H1 The NZD/USD currency pair on the weekly timeframe has shown a significant rise in value. Recently, the pair managed to break through an important resistance level of 0.61669. This breakthrough then triggered additional upward momentum,...
On the reverse trading, a breached and sustained consolidation above 1.2800 will invalidate my bullish bias, and change the outlook of the currency pair entirely. The Bulls are likely to take control if the pair manages to hold above this level,...
Forex and Cryptocurrency Forecast for 17 – 21 June 2024 EUR/USD: Hawkish Sentiments of the Fed As expected, the key day of last week was Wednesday, 12 June. After the publication of inflation data in the USA, the dollar came under strong pressure....
Fundamental Analysis On Friday, the EUR/USD pair dropped lower, reaching 1.0670 before rising to the 1.0700 milestone in the US trading session. Following a significant movement in voter mood towards right-of-centre political parties in the recent...