The Spot price has managed to recover part of its heavy intraday losses against the US Dollar, rebounding by around 50 pips after hitting a fresh three-month low. Despite this short-term recovery, a sustained price appreciation remains elusive. The...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. At the moment the market price is falling, which helps the price fall, maybe now that trend has been broken and the market price has started to rise. The market price has...
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market price rises with the help of the trend line, but the market price breaks out of the channel and helps its price increase. After breaking out of the range, the...
The currency pair opened the week with a sharp decline, extending a two-day losing streak before finding support around the key psychological level of 1.0450. On Friday, however, the pair saw a slight recovery, rising to 1.0525 as buyers stepped in....
The spot price has managed to retain some of its earlier gains, though it remains significantly below the weekly highs. During the European session last Monday, the pair briefly surged to approximately 1.2800, but by the market close, it had settled...
