The currency pair remains under pressure, trading near 0.5580 during the Asian session on Thursday. The possibility of an interest rate cut by the Reserve Bank of New Zealand next week, coupled with rising geopolitical tensions, continues to weigh...
The currency pair has pulled back after reaching a high of 157.80, edging down to trade around 157.11 at the time of writing. The pair's inability to sustain higher levels is attributed to broad US Dollar weakness and a drop in the US 10-year...
EUR/USD Technical Analysis and Basic Concepts The EUR/USD market has been in a downtrend recently. After reaching 1.0370 today, it started to fall rapidly and is currently trading around 1.0348. The price broke above the 20 small moving averages...
Technical analysis of GBPCAD Today we will perform a technical analysis on GBP/CAD. When do support and resistance levels in the market appear? The market also broke through the support level, which is now resistance and will be the next support...
The currency pair has surged near 1.2480 against the Dollar during Thursday’s early trading session. This rally comes as the Dollar tumbles in response to a slew of economic data from the United States. The Dollar, which measures the Greenback’s...
