The NZD/USD currency pair extended its upward momentum for the second consecutive day, trading near the 0.5980 level during the European session on Thursday. However, a closer look at the daily chart reveals a bearish trend, with both pairs confined...
In Thursday's North American session, the pair exhibited a significant rebound, approaching the key support level of 1.2940 against the US Dollar (USD). This recovery follows a sharp decline observed on Wednesday, with the pair stabilizing around...
Good Afternoon, Traders! Welcome to Today’s Live Market Analysis Session Yesterday, the USD Index closed on a bearish note, dipping from 104.45 down to 103.95, highlighting its current instability. This movement aligns with what we saw in...
The Australian Dollar (AUD) stabilized after a mixed bag of economic data, including the NBS Purchasing Managers’ Index (PMI) from Australia and China. Despite the mixed readings, the market's optimism surrounding the Reserve Bank of Australia's...
The currency pair is currently strengthening, approaching the key resistance level of 0.8700 during the European session on Tuesday. This increase marked the fourth consecutive day of appreciation of the Swiss franc, which was largely driven by a...