Over the past couple of weeks, the EUR/USD pair has experienced significant market fluctuations. Initially, buyers made a substantial corrective move from the 1.0170 minimum, establishing a support zone around 1.0220. However, bearish momentum...
Market Fundamentals: Exports grew by 1.5% year-over-year, falling significantly short of the previous 11.2% increase. Meanwhile, imports rose by 1.2% YoY, marking a recovery from the prior 3.7% decline. In the forex market, the New Zealand Dollar...
Weekly Analysis of GBP/USD Current Market Overview The GBP/USD currency pair has shown a strong recovery from its previous lows, currently trading around the 1.2300 level. This resurgence indicates that the British Pound is gaining momentum against...
Market Fundamentals: The price continues to weaken against the US Dollar (USD) for the second consecutive session, as market participants prepare for a potential 25 basis point rate cut by the US Federal Reserve (Fed) later in the North American...
NZD/USD Price Movement Insight The chart we are analyzing represents the NZD/USD currency pair on an H4 timeframe, which illustrates price movements every four hours. By utilizing moving averages (indicated by yellow lines) and the MACD (Moving...
