EUR/USD Current Technical Analysis Bearish Trend Observation The current technical analysis of the EUR/USD currency pair indicates that the price trend remains bearish. The lowest price level observed so far is at 1.02232. If the bearish momentum...
TRADING CHART ON USD/JPY H4. The USD/JPY chart reveals a story of steady upward momentum, followed by a period of consolidation, indicating the pair may be at a critical juncture. The sustained uptrend, visible since early December, demonstrates...
General Points about USDCAD This situation is quite damaging for the USDCAD sellers, as they continue to lose value in the market. This week, we saw that the Ivey PMI data for Canada was negative, signaling a weaker economic outlook. Even though the...
NZD/USD Price Move For the NZDUSD currency pair yesterday it opened at 0.5590. The price experienced an upward movement above the daily pivot point at 0.5592. However, the upward movement in this currency pair could not pass the price of 0.5600....
General Points about GBPUSD: We observed that the upcoming UK Construction PMI news this week did not benefit buyers as expected. The anticipation surrounding the UK data led to little reaction in the market, leaving buyers in a challenging...
