After three days of advances, the NZD/USD exchange rate is still over 0.5600 during Asian hours on Thursday. The pair gained as the US Dollar (USD) continued declining after the December US Consumer Price Index (CPI) inflation data was lower than...
THE CURRENCY PAIR GBP-JPY There is nothing interesting on GBP/JPY, except for accumulation and consolidation. And probably none of us will take these At the same time, it is clear that the price dropped to the ascending trend line, passing in the...
EUR/USD The EUR/USD pair is trading around 1.0244 today, and from my perspective, the bearish momentum still dominates, shaped by both technical patterns and economic factors. Technical Analysis: Support Levels: I see immediate support at 1.0231,...
The NZD/USD currency pair, as depicted on the H1 timeframe, shows a pronounced bearish trend characterized by a sequence of lower highs and lower lows. This downward movement reflects persistent selling pressure, possibly influenced by the strength...
AUD / USD: My Trading Recommendation THe market of AUDUSD is exactly impressed by the United States News data in the current week. Thus, bulls have many chances to reverse and cover their losses today. Thus, this new market sentiment is enhancing...
