The New Zealand Dollar (NZD) against the US Dollar (USD) continued its upward trajectory from the preceding trading session, trading around the 0.5960 level during the early hours of Friday's European trading. A review of the daily chart's technical...
Sentiment around the euro turned cautious after European Central Bank (ECB) President Christine Lagarde flagged potential economic risks facing the Eurozone, largely stemming from looming U.S. tariffs. With market participants bracing for the fiscal...
The NZD/USD pair remains under pressure around the 0.5985 mark during Friday’s Asian session, weighed down by a strengthening US Dollar. Ongoing uncertainty surrounding US-China trade negotiations continues to act as a headwind for the Kiwi, often...
The daily chart of the GBP/JPY pair provides a clear and detailed picture of the current technical structure of the market, with the broad downtrend continuing since the peak near 207.15. This rally signaled the beginning of a sharp downtrend, with...
In the world of forex trading, candlestick patterns play a crucial role in identifying potential trend reversals and market shifts. One such pattern that traders often look out for is the bullish candlestick pattern – a powerful indicator that...