Despite the earlier move above the 1.0300 barrier, EUR/USD’s daily uptick ran out of steam and slipped back to the 1.0280-1.0290 band amid the marginal retracement in the US Dollar.EUR/USD remains vulnerable, with key support levels at 1.0176 (YTD...
The technical analysis of USD/JPY reveals that the currency pair is currently experiencing a mixed trading environment, with indicators suggesting both bearish and bullish possibilities. The pivot point at 155.89 is critical, as it serves as a...
The GBP/NZD pair is testing a critical point at 2.1707, which is the pivot point for this analysis. The primary preference is for the price to drop towards this level, where it could potentially find support and trigger a bounce. If the price holds...
The Gold market sentiment The gold market is growing strongly today, supported by the latest US economic data. The Core CPI (MoM), CPI (MoM) and CPI (YoY) reports impacted the US dollar rate, causing gold prices to rise. After hitting an all-time...
The NZD/JPY pair is showing clear signs of bearish momentum, with a potential decline of 53 to 79 pips in the near future. The pivotal resistance level at 88.21 plays a key role in determining the market direction. As long as the price remains below...
