The EUR/USD pair saw modest gains, rising to around 1.0450 during Asian trading hours on Wednesday, primarily driven by a weakening US Dollar (USD). However, the pair’s upward momentum remains constrained due to several factors, including escalating...
Market Analysis: NZDJPY Date: February 19, 2025 The outlook for the New Zealand Dollar (NZD) against the Japanese Yen (JPY) suggests a potential weakening of the NZD following the Reserve Bank of New Zealand's (RBNZ) recent announcement regarding...
The GBP/USD H1 chart reveals robust bullish momentum, with the price breaking through key resistance levels. Recently, the price surpassed the 1.2600 mark, which coincides with a significant resistance level, marked by the horizontal blue line. This...
GBP/USD As anticipated, the pound/dollar pair has remained within a tight range between 1.25800 and 1.26280. Instead of a prolonged corrective decline, buyers have opted for a sideways movement at these elevated levels, supported by technical...
USDJPY currency pair - we will consider the D1 period chart today in the middle of the week. The wave structure still has an ascending character of construction, but the MACD indicator is in the lower sales zone and below its signal line. Here you...