The pair faced selling pressure from the intraday low of 0.6710 during Tuesday’s New York session. However, despite this dip, the price is anticipated to continue its upward movement as the US Dollar weakens following the release of the US Initial...
EUR-GBP ANALYSIS CHART The situation on the EURGBP currency pair has not changed much. The 4-hours chart shows that the pair is in a bearish trend. The price is below the Ichimoku cloud, which indicates a downward momentum. This means that a short...
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General Points for NZDUSD: The current market of NZDUSD is trading at the 0.6100 level and the buyers are under under control of a bullish concept. Hence, NZDUSD traders should trade carefully and try to understand the methods of risk management...
USD/ JPY Market Momentum Shift The price action analysis of the USD/ JPY currency pair is what we will be discussing today. The USD/JPY pair recently broke through the 149.35 resistance level on the hourly chart, signalling the continuation of the...
