USD Rally Stalls; EUR/USD Holds Firm Above 1.05 The U.S. Dollar's recent rally has hit a pause, with the EUR/USD pair trading sideways just above the 1.0550 intraday support level. The Dollar Index hovers around the 106.50 support, searching for...
The Pound Sterling continues its downward trajectory against the US Dollar, reflecting a mix of domestic monetary policy signals and heightened global uncertainties. During early North American trading, the GBP/USD pair traded at 1.2631, slightly up...
Technical Analysis EUR/USD H-4 chart Current price: 1.053 The pair is trading below both the moving averages (MA50 and MA200), indicating a bearish trend in both the short and long term. Moving Average: MA50: Since the price is below this line,...
Trade with Momentum Trading with momentum refers to a strategy that seeks to capitalize on the strength of existing market trends. Momentum traders buy assets that are rising and sell assets that are falling, assuming that those trends will continue...
Important Points of GBPNZD: There are no news events related to the New Zealand Dollar on the weekly macroeconomic calendar. As a result, GBPNZD participants will rely entirely on key updates from the UK to guide their decisions. The absence of New...
