General Points about EURUSD: We observed on Friday that the German and French Flash data did not provide much benefit to EUR/USD buyers, which resulted in the market closing at the 1.0457 level. The Euro faced pressure from weak economic data,...
The GBP/AUD currency pair has been experiencing strong bullish momentum, with the potential to gain between 53 and 79 pips, provided that the 1.9795 support level remains intact. The market has been demonstrating clear signs of an uptrend, as price...
Summary United States: Housing Problems for Continuation In January, residential construction and existing house sales were mute, which illustrates the ongoing stress in the housing market with an increased mortgage. Despite the pressure on the...
In the context of the USD/CHF pair on the daily chart, it appears that we might see distinct movements in opposite directions. It’s not uncommon for currency pairs to behave differently, and I believe we are about to witness such a scenario here. A...
The GBP/NZD currency pair remains in a strong bullish trend, with expectations of a price increase ranging between 58 and 87 pips, as long as the 2.1943 support level holds and prevents further downside movement. If the price successfully maintains...
