The EUR/JPY currency pair has recently shown resilience, climbing to 164.25 during early European trading on Tuesday with a 0.32% daily gain. This move reflects the broader divergence between the Eurozone’s proactive monetary policies and Japan’s...
The Reserve Bank of New Zealand (RBNZ) recently justified its rate cuts by citing a challenging economic outlook and subdued inflation, which has now returned to the central bank’s target range of 1% to 3%. Earlier this year, the RBNZ lowered the...
USDCAD TECHNICAL ANALYSIS At the base of H1 on the right, it appears that a buy signal has not yet appeared, namely a candlestick that is able to penetrate the upper line of the Bollinger Bands around the yellow rectangle 1.4500 to 1.4300, as long...
The currency pair has risen sharply, reaching near 1.0440, fueled by a weakened US Dollar (USD) and the Euro’s (EUR) sustained performance. This surge comes on the back of strong Eurozone economic data, which have tempered expectations for...
EUR-GBP PAIR REVIEW The EUR-GBP market showed a slightly aggressive movement in Monday's trading. The price had moved below its daily open which opened yesterday morning at 0.8295. Below this area, the EMA 633 H1 and EMA 200 H1 crossed with their...