Technical analysis of the AUDUSD pair 4-hour chart Over the past weeks, the price has moved in a sideways direction as we see on the chart. During the previous week, the price trended upward in a strong upward wave, but in the middle of the week,...
USD/JPY CURRENCY PAIR ANALYSIS: The USD/JPY currency pair is currently encountering a significant resistance level at 157.37. For buyers, the immediate goal is to overcome this hurdle and then target the next untested resistance at 157.64....
ECB to devise perfect timing of cautious rate cuts Germany’s financial policymakers offered a curious metaphor for the ECB interest rates. They compared the cycle of the ECB monetary easing to descending a mountain. The key issue now is to devise...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Good morning and best wishes to all of us. AUD/USD is trading at 0.6605 at the time of writing. If you look at the history of yesterday's market movements, it seems that sellers are starting to...
The NZD/USD currency pair, representing the exchange rate between the New Zealand Dollar (NZD) and the US Dollar (USD), is currently trading around 0.6125. The prevailing trend for this pair is bearish, indicating a decline in the value of the NZD...