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...
Have a great day everyone! The slope of the linear regression channel is up on the M15 chart. Which indicates the strength of the buyer trying to grow to the level of 1.04491. Upon reaching the target, the movement will slow down. Due to weakening,...
Gold overall update Gold is in a steady uptrend and is currently trading at 2771. Price action is closely linked to key economic data from the US, including the Manufacturing Purchasing Managers Index (PMI) and the Services Purchasing Managers Index...
The EUR/JPY has recently staged a recovery, trading near 163.00 during the Asian session on Friday. Despite the Bank of Japan (BOJ) implementing a widely anticipated interest rate hike, lifting its short-term target from 0.15%-0.25% to 0.40%-0.50%,...
The USD/JPY H1 chart shows key price action and trends, with the market currently hovering around a significant support level at 155.32. Historically, this level has served as a strong support, as evident from multiple reversals at this price zone....
