GBP/USD Technical Analysis This week, the price trades within two channels, one of which is bearish, colored red and represents the price movement during the previous week, considered a bearish corrective movement. This means that we have a blue...
The pair is experiencing mild losses, trading around 1.2636 during the early Asian session on Wednesday. The extended gains in the US Dollar (USD), driven by a cautious market mood, are weighing on this major currency pair. Investors are eagerly...
The NZD/USD exchange rate currently stands at 0.6134, indicating a bearish trend in the market. This decline reflects a gradual weakening of the New Zealand dollar (NZD) relative to the US dollar (USD). The ongoing bearish trend in the NZD/USD...
USD/JPY H-1 Good day, colleagues and traders! The Moving Average indicator for this pair is below the price, which corresponds to a buy signal. The intersection of the MACD indicator to the top also confirms purchases, as does the trend indicator....
AUD/USD currency pair, currently trading at around 0.6685, has been experiencing a bearish trend. This decline suggests a period of weakness for the Australian dollar (AUD) against the US dollar (USD). Several factors could be contributing to this...