GBP / NZD: Hourly time frame Recommendation The market of GBPNZD hit the 2.1558 level yesterday which indicates that the bears are powerful. But the news factors might help the bulls of GBPNZD to pull back. Thus, preparing professional trading...
The EUR/JPY currency pair jumped to around 164.30 in early European trading on Wednesday. This bullish trend was mainly driven by the Bank of Japan (BoJ)’s lack of clarity on future interest rate hikes, which weakened the Japanese yen (JPY). In...
GBP / USD: An hourly time frame Recommendation The bulls of GBPUSD are losing their value, signaling a potential downward movement in the market. This shift in momentum suggests a bearish scenario worth considering for investors aiming to align...
We are currently analyzing the price action of the USD/JPY currency pair in depth in our discussion. We continue to have a steady upward movement and now it is increasing. It is not known when, but the Bank of Japan will enter the intervention game...
The USD/CAD currency pair saw mixed trading during the Asian session on Friday. Although it initially moved higher, the lack of sustained buying interest kept it below the important psychological level of 1.4000. Strong Canadian CPI data released on...