The EUR/GBP pair has experienced a rebound, reversing the losses of the previous two trading sessions to hover around the 0.8380 level in early European transactions. This upward movement was largely influenced by the release of GDP data from the...
The EUR/NZD currency pair is experiencing bearish momentum as long as the price remains below the key resistance level of 1.8968. Market conditions indicate continued selling pressure, with technical indicators showing a lack of bullish strength in...
The NZD/JPY currency pair remains in an uptrend as long as the price stays above the key support level at exactly 85.13. Technical indicators confirm the bullish sentiment, with the Relative Strength Index remaining above the neutral fifty level....
The Japanese yen maintained a defensive stance against the recovering US dollar during the early European trading session on Wednesday. This comes despite a lack of significant follow-through buying interest, largely attributed to market...
I observe that the EURUSD pair is currently trading above its moving averages, signaling a bullish shift as the prior downward trend has been invalidated. I note that the recent breakout above resistance at 1.07766 reinforces this upward momentum,...