General points about EURUSD: At the moment, the EURUSD market has reached the 1.1118 level, and due to the negative Core PPI and Unemployment Rate data from the USA, the dollar has weakened. The impact of these figures highlights the market's...
The New Zealand dollar is strengthening due to improved risk sentiment globally and upbeat commodity market performance, which directly benefits NZD as a commodity-linked currency. Meanwhile, the US dollar has been under slight pressure following...
A harami candlestick is a two-candle pattern used in technical analysis to identify potential trend reversals or continuations in the market. The word "harami" itself comes from the Japanese word for "pregnant," and the pattern's visual appearance...
The EURAUD pair has made an impressive recovery after falling 4.6% earlier this week. The economic recovery has brought both indicators back to levels not seen since the start of the global pandemic. The current price trend is at 1.7980. This...
AUD/USD As of today, I’m keeping a close watch on AUD/USD, and from where I stand, the pair is under pressure from both a fundamental and technical standpoint. Fundamentally, the narrowing interest rate gap between the RBA and the Fed was initially...
