Euro tests 1.05 as sticky inflation fuels uncertainty The euro fell slightly during early trading on Wednesday, testing the critical 1.05 level following the release of US CPI data. The consumer price index showed a month-on-month increase of 0.3%,...
Technical Analysis EUR/USD H-4 Chart Hello everyone, technical analysis of the EUR/USD currency pair on the H4 chart. General trend: The pair is trading below the MA50 and MA200 moving averages, which show a downtrend. These MA levels are...
NZD/USD Weekly Analysis: Bullish Momentum Amid Strong Economic Data Good morning, traders! The NZD/USD market experienced a bullish scenario last week, largely influenced by favorable economic developments in New Zealand and the United States. The...
Hello, GBP/USD is back in the red below 1.2750 in European trading on Wednesday. The pound sterling loses traction amid renewed US dollar buying as risk sentiment deteriorates ahead of the crucial US CPI showdown. US inflation data is key to gauge...
BTC/USD Technical Analysis and Expectations The BTC/USD market is trending up. Earlier today, it successfully broke the resistance zone at 98700 and the uptrend line. Following this breakout, the BTC/USD price started to move higher, indicating...
