The NZD/USD pair experienced a modest 0.30% increase on Wednesday, rising to 0.5615 after pushing past its 20-day Simple Moving Average (SMA). This slight break above the moving average could be seen as a crucial moment for bullish traders,...
The EUR/GBP exchange rate dipped slightly to around 0.8440 during North American trading on Wednesday, following a five-day rally. This upward trend was initially fueled by a surge in UK government bond yields. However, the momentum appears to be...
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....
GBP/USD H-1 Time Frame Tenical Analysis The GBP/USD chart on the H1 timeframe clearly shows the prevailing downtrend, characterized by consistently lower highs and lower lows, indicating a dominant bearish market sentiment. Between late November and...
The British pound experienced a volatile session against the US dollar on Wednesday, reacting to the release of the US Consumer Price Index (CPI) report for December. While headline inflation exceeded expectations, core inflation, a closely watched...
