The NZD/USD pair exhibited a notable upward movement on Tuesday, climbing 0.39% to settle at 0.5650, a level that marks a decisive break above the 20-day Simple Moving Average (SMA). This breakout is significant as it signals a potential shift in...
The British Pound (GBP) has shown resilience against the US Dollar (USD), rebounding from earlier weakness triggered by renewed trade war anxieties. These anxieties stemmed from the US administration's threats of substantial tariffs on components...
THE CURRENCY PAIR GBP-JPY I can say that for me nothing has changed on GBP/JPY, and as before, the cross itself does not look like itself and, accordingly, does not look attractive and interesting for trading. Moreover, I repeat, it does not look...
USD JPY USD/JPY – A Golden Trading Opportunity at 154.38 In the fast-paced and ever-changing world of forex trading, choosing the right currency pair is essential for success. USD/JPY, currently trading at 154.38, presents a prime opportunity for...
AUD/USD is currently trading around 0.6255 after a strong recovery from its recent low near 0.6100. The price action suggests a sharp rebound, supported by bullish momentum. The Bollinger Bands indicate increased volatility, with the price extending...
