The NZD/USD (New Zealand Dollar/US Dollar) exchange rate, currently at 0.6112, is experiencing a bearish trend. This indicates that the New Zealand Dollar is weakening against the US Dollar. Various factors could contribute to this movement,...
EUR-AUD PAIR ANALYSIS The release of the Australian CPI news made EURaud move aggressively today. Data that exceeded expectations made the Aussie dollar strengthen further against the euro. It seems that Australian inflation is still high. In this...
The EUR/JPY exchange rate has been on an upward trajectory, with a strong bullish candlestick formation observed yesterday. This candlestick not only settled above the previous daily high of 170.322 but also surpassed a key resistance level. Given...
The EUR/JPY currency pair has been exhibiting notable signs that a continued downward trend might be imminent. In recent trading sessions, the pair has consistently closed below the crucial 171.05 level. This sustained weakness is further...
The EUR/JPY pair is showing signs that it might continue to go down. Recently, the pair has been closing consistently below the 171.20 level, and it even dropped to 170.90. This suggests that the market is still under bearish pressure. The...