The New Zealand Dollar (NZD) staged a modest rally against the US Dollar (USD) on Friday, briefly breaching the critical 0.5700 support level during European trading.** This upward movement came on the heels of reassurances from the former US...
Gold maintains bullish momentum, tracking record highs Gold continues to show strong bullish momentum supported by larger trends influencing shorter time frames. The precious metal broke sharply above December's monthly high of $2,726 on Tuesday,...
GBP/USD Fundamental Analysis GBP/USD is facing some downside pressure today as market sentiment remains cautious ahead of key U.S. economic data. The UK’s latest PMI figures came in weaker than expected, signalling a slowdown in business activity,...
The euro experienced a significant decline against the dollar on Wednesday, shedding roughly a tenth of its value. This sharp depreciation occurred amidst a period of relative market inactivity, characterized by a lull between key data releases. The...
GBP-USD PAIR ANALYSIS I opened a buy position at the level of 1.2380 after the price managed to break through the minor resistance at 1.2370. I placed my stop loss at 1.2350 to minimize risk, and the profit target at 1.2410. After opening the...
