The AUD NZD market opened at 1.1009 in the Asian session. Two major moving averages, EMA 200 H1 at 1.1007 and EMA 633 H1 at 1.1012, crossed in this area. Smaller moving averages, EMA 12 and EMA 36 H1, also appeared to be sloping nearby. When the...
GBP/USD Analysis Introduction In the GBP/USD trading pair, despite yesterday's rally, a bearish trend appears to be prevailing in both the short and medium-term outlook. This analysis will delve into the technical aspects and market sentiment...
The Japanese Yen (JPY) is currently experiencing a period of weakness against the US Dollar (USD), trading near three-week lows. This decline is primarily driven by several factors. The market's expectation that the Bank of Japan (BoJ) will maintain...
USD/CAD Greetings and Good Morning to Everyone! The buyers of USD/CAD are stable yt and can cross the 1.4275 zone soonar or later. Moreover, the incoming news events related to the CCanadianCPI and US FOMC meetings will also change the market. So,...
The USD/CHF currency pair continued its upward trajectory early Tuesday morning, reaching 0.8955. This surge was primarily driven by increased demand for the US dollar. The Swiss National Bank's quarterly report, scheduled for release on Wednesday,...