The pair has been trading cautiously as the Euro (EUR) showed subdued performance on Monday, with investors' attention focused on the upcoming European Central Bank (ECB) interest rate decision.Scheduled for Thursday, the ECB is expected to cut...
What is Simple Moving Average indicator A Simple Moving Average (SMA) is a widely used technical indicator in financial markets, including cryptocurrencies. It is a type of moving average that smooths out price data by calculating the average price...
GBP/USD Technical Analysis. The GBP/USD will fall to the 1.3288 level, but before that, the southern support line at the 1.3153 level must be broken, as this is the level that the bears will want to hold. The target for the southward move will be...
A Deep Dive into USD/CAD Prices The USD/CAD currency pair's current price behavior analysis will be what we talk about. The situation at the end of the week remains unclear for the US dollar versus the Canadian dollar pair. Recently, the price has...
The USD is currently under downward pressure due to several different factors. The value of the US dollar has been rising, which reflects increased demand for the greenback. This has negatively impacted risk-sensitive currencies like the New Zealand...