The NZD/USD (New Zealand Dollar/US Dollar) currency pair is currently trading at 0.6106, and the prevailing trend appears bearish. This situation signifies that the New Zealand dollar is weakening against the US dollar. A bearish trend typically...
Bitcoin Trading Analysis: Bullish Momentum or Bearish Reversal? Bitcoin's recent price action has created a sense of optimism among traders. Yesterday, it surged towards the 59,400 level before rallying to test the 62,500 level, indicating strong...
The GBP/JPY currency pair continued its upward trend today, with buyers remaining in control. After a brief pullback that tested the upper limit of the recent trading range on the daily chart, buyers surged back into the market and pushed prices...
The EUR/USD currency pair is one of the most closely watched exchange rates in the foreign exchange (forex) market. This pair represents the value of the euro relative to the US dollar. As of now, the pair is trading around 1.0692, which reflects a...
Fundamental Analysis Tuesday's gold price (XAU/USD) moves higher despite the declining value of the US dollar. The US Purchasing Managers Index (PMI) was higher than anticipated last week, which caused Federal Reserve (Fed) policymakers to postpone...