The currency pair has risen sharply, reaching near 1.0440, fueled by a weakened US Dollar (USD) and the Euro’s (EUR) sustained performance. This surge comes on the back of strong Eurozone economic data, which have tempered expectations for...
The EUR/JPY currency pair has recently shown resilience, climbing to 164.25 during early European trading on Tuesday with a 0.32% daily gain. This move reflects the broader divergence between the Eurozone’s proactive monetary policies and Japan’s...
USD/CHF ANALYSIS D1 Period Chart Let’s analyze the USDCHF currency pair on the D1 period chart. The wave structure is still in the process of forming an upward trend, and we’ve seen a slight increase in price in the initial days of the new year,...
The Reserve Bank of New Zealand (RBNZ) recently justified its rate cuts by citing a challenging economic outlook and subdued inflation, which has now returned to the central bank’s target range of 1% to 3%. Earlier this year, the RBNZ lowered the...
BTC/USD Technical Analysis and Sentiment Overview The BTC/USD price is currently in a downtrend. Earlier today, it reached 102640 before quickly reversing and falling. At the time of writing, it is trading at 97402, which has broken below the key...