Natural Gas Analysis The natural gas currency pair (XNG/USD) has seen a strong uptrend that has defined its price action in recent days. The price recently faced rejection after testing the upper boundary of the channel, which led to a decline in...
Traders are currently pricing in four consecutive 25 basis point (bps) interest rate cuts by the European Central Bank (ECB) in its upcoming meetings. Policymaker and Governor of the Bank of Greece, Yannis Stournaras, has indicated that these cuts...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. The market price fell a few days ago and broke the falling support level. At this point, the market price bounced back to support at 2.2596 after breaking the resistance and...
The USD/JPY pair has declined over 0.3% to hover around 150.50 during the North American session on Friday, despite hotter-than-expected core Personal Consumption Expenditure (PCE) inflation data from the United States. The data, which serves as the...
GBP / USD: An Hourly Time Frame Recommendations We saw a volatile movement in the GBPUSD market this week, indicating strong price fluctuations that suggest an active trading environment. It is a significant trend, as price action reflects growing...
