EUR/USD The EUR/USD pair witnessed a significant upward movement, breaking key resistance levels on the daily chart. The currency pair surged past the 1.05245 level, reaching a high of 1.08820, marking a sharp rally within a short period. This price...
The GBP/JPY pair is experiencing a corrective pullback around 191.60 in early European trading on Thursday, following four consecutive sessions of gains. This retracement is driven by renewed strength in the Japanese Yen (JPY), which has been...
Market Fundamentals: U.S. President-elect Donald Trump’s potential return to the White House has reignited concerns of a renewed trade war between the U.S. and China, which could weigh on the New Zealand Dollar (NZD), a currency often seen as a...
Today, I observed significant changes in the USD/CAD pair that have sparked my interest for further analysis. Initially, I noticed that the price fell to the four-hour support level at 1.4300 and eventually broke through it. This movement caught my...
Market Fundamentals: The recent rally in the US Dollar (USD) has driven it to its highest level since November 2023, putting pressure on major currency pairs, particularly the GBP/USD. The release of the latest employment figures from the UK showed...