Technical analysis of NZDUSD Today I will start technical analysis on NZD/USD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance at 0.5672 and above support...
EUR-USD H4 ANALYSIS CHART Good day. EUR/USD returned to negative territory below 1.0500 during European trade on Wednesday. The pair is losing ground as the US dollar rebounds against US Treasury yields amid optimism over US President Trump’s tax...
Market Fundamentals: Hawkish remarks from Federal Reserve (Fed) officials continue to bolster the US Dollar (USD), as policymakers signal a cautious approach to monetary easing. Raphael Bostic, President of the Federal Reserve Bank of Atlanta,...
The NZD/USD pair has experienced a notable downtrend, registering its fourth consecutive day of decline and settling around the 0.5720 mark during the Asian trading session. This sustained bearish pressure reflects a confluence of factors, including...
The EUR/JPY currency pair experienced an upward trend in early European trading on Wednesday, reaching approximately 156.95. This increase was primarily driven by growing optimism surrounding potential fiscal stimulus in Germany, which provided a...