The market began this week with a sense of calm, as the EUR/USD pair was trading close to its daily low of 0.965. This low trading activity indicates the cautious sentiment among traders as they assess the market conditions and look for more...
TRADING CHART ON NZD USD H4. The New Zealand dollar to US dollar exchange rate (NZD USD) did not show significant progress because the price movement tended to be sideways or range-bound. Last Friday, the US dollar index declined, weakening the...
The price traded with a positive bias for the second consecutive day on Friday, hovering around the 1.3050 level during the US session. This follows a recent low, the lowest since March 2022, which was touched in the previous session. At the time of...
In Friday's North American trading session, the currency pair displayed some gains but struggled to push beyond the critical resistance level of 1.0870. This hesitation can be attributed to comments made by Central Bank President Christine Lagarde,...
As we approach the 1.2650 level, we may encounter slight downside opportunities, which could allow traders to reassess their strategies. Those currently holding short positions should consider adjusting their trailing stops to protect potential...