EUR/JPY H1 chart ECB’s Position: On the European front, ECB policymaker Martins Kazaks was ready to discuss another interest rate hike at the September meeting. The ECB has been combating high inflation in the Eurozone, with previous rate hikes to...
USD/JPY D1 chart Our current focus is evaluating the price action of the USD/ JPY currency pair. The Japanese yen continues its strengthening trend against the US dollar, with a clear downtrend forming on the USD/JPY weekly chart. According to...
USD/ CAD Price Activity In our discussion, we analyze the current behavior of the pricing of the USD/ CAD currency pair. The USD/CAD pair continues its decline as the new trading week unfolds, driven by the rise in oil prices, while other...
NZD/USD H1 chart I am looking at the New Zealand Dollar USD pair on the hourly chart. The pair broke the resistance at 0.60638 and then the Bank of New Zealand spoke here. As the pair moved lower, the Bank of New Zealand cut interest rates, which...
The euro is in negative territory on Monday. In the European session, EUR/USD is trading at 1.1156 at the time of writing, down 0.32% on the day. The euro posted strong gains on Friday, rising 0.73% to move above 1.12 for the first time since July...