T E C H N I C A L _ A N A L Y S I S N Z D / U S D I would explain recent price movements in the NZD/USD market. From a technical standpoint, NZD/USD is trading at 0.5875 at the time of writing. In the long term, NZD/USD is bearish now, while at the...
The GBP/JPY currency pair has recently seen a surge, trading near the 195.50 level during European trading hours. However, a cautious sentiment prevails among traders ahead of the Bank of England's (BoE) monetary policy report, scheduled for...
EUR/USD struggles to extend Monday’s recovery above the immediate resistance of 1.0600 and edges lower in Tuesday’s European session. It appears that the recovery from the yearly low around 1.0500 last week in the major currency pair losses steam as...
The euro has maintained a relatively stable position against the US dollar, hovering around the 1.0600 level during Tuesday's Asian trading session. While a weaker US dollar has provided some support for the euro, potential downside risks remain as...
General Points of USDCHF: The USDCHF market is currently trading at the 0.8830 level, with sellers starting to show stronger momentum. This indicates a possible downward trend, which could present a good opportunity for capitalizing on this...