The NZD/USD pair rose by 0.30% on Wednesday, reaching 0.5615 after breaking above its 20-day Simple Moving Average (SMA). This modest increase could act as a catalyst for further gains if the pair manages to hold its position above the 20-day SMA....
The NZD/USD currency pair saw a slight 0.30% increase on Wednesday, reaching 0.5615 after moving above its 20-day Simple Moving Average (SMA). This move above the SMA could act as a trigger for a bullish shift in the market, as it suggests that the...
The NZD/JPY currency pair on the H1 timeframe demonstrates a clear range-bound movement between support levels at 86.50 and 87.00 and resistance levels at 88.50 and 89.50. This price action indicates a state of market indecision, with the price...
USD/JPY falls sharply as U.S. consumer inflation data shows slowing core inflation. Bank of Japan Governor's hawkish comments lift Yen; U.S. 10-year yields drop 12bps. Upcoming Fed speeches and U.S. economic data key for further market direction.The...
Despite the earlier move above the 1.0300 barrier, EUR/USD’s daily uptick ran out of steam and slipped back to the 1.0280-1.0290 band amid the marginal retracement in the US Dollar.EUR/USD remains vulnerable, with key support levels at 1.0176 (YTD...
