The New Zealand dollar weakened against the US dollar on Thursday, ending a three-day winning streak. Trading around 0.5610, the NZD/USD pair remains bearish, confined within a descending channel on the daily chart. This bearish sentiment is...
UK economy expected to outperform Europe over next 15 years According to some analysts, the British economy is on the move. Bloomberg predicts that in the long run, particularly over the next 15 years, the UK will outperform its struggling European...
Gold Technical Analysis Gold prices are currently in an uptrend supported by a strong bullish market structure in the 30-minute timeframe. This suggests that the market is predominantly bullish. The price has managed to form a new high at 2710,...
The levels of support and resistance in the USD/JPY pair are not just technical markers, but also represent key psychological points in the market. At present, 156.70 serves as a major resistance level, while the subsequent support levels are...
In the USD/ CAD currency pair, bulls have already tried to test and break through the Murray 7/8 reversal level on the four-hour chart at 1.4374. Yesterday, the quote fell short of a significant level and returned to the lower level of the trading...
