The euro continued its upward trajectory against the US dollar on Wednesday, building upon gains from the previous trading session. This move comes amidst a backdrop of mixed economic signals and shifting policy expectations. A recent report from...
The GBP/USD currency pair did not come close to the moving average line on Tuesday. Although a new corrective movement appeared to be starting on Monday, it quickly lost steam. During both Monday and Tuesday, the market had no reason to abandon...
The GBP/USD chart on the H1 timeframe clearly illustrates a prevailing downtrend, marked by consistent lower highs and lower lows, which indicates a dominant bearish market sentiment. Between late November and mid-December, the pair traded within a...
The US dollar weakened slightly against the Swiss franc during early European trading on Wednesday, trading around 0.9120. This cautious market sentiment stems from the anticipation of the upcoming US Consumer Price Index (CPI) data for December,...
AUDNZD Market Analysis 15 January 2025 Seller excels in Asian Session trading pair audnzd. Prices were volatile when the market just opened. Prices moved up and down across the area at 1.1053 and also bounced off the EMA 200 and EMA 633 H1 which...