The cost of products does not solely depend on the level of import duties. Even if import duties are raised by 10%, the prices for end consumers and exporters' profits may remain unaffected. This is because various measures can offset price...
#NZD/USD If we look only at the technical data, then after yesterday's fall to determine the support level of 0.5508, we could expect a short-term sideways movement, but it was not there, as the prices after rebounding from the support rose,...
GBP/USD PAIR REVIEW Price of currency: GBP/USD There has been no significant price movement in the gbpusd market until this afternoon. The price is still in the base area of 1.2494 with buyers still dominating price formation. Prediction of the next...
The USD/CHF H1 chart indicates a strong bearish trend, with the price currently at 0.9011, near recent lows. The downward movement has been consistent, showing signs of selling pressure. The pair is now testing a critical support level, and traders...
Technical Analysis: EUR/USD rebounds to near 1.0400 EUR/USD rises above 1.0400 as the risk-premium of the US Dollar eases amid diminishing fears of a global trade war. The ECB is expected to continue reducing interest rates amid confidence that the...
