Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The market price of NZD/USD is falling, but after being rejected by the support level and breaking the trend line, the market price is rising, which helps a lot in its...
GBP/USD Price Analysis Our conversation revolves around GBP/USD's current pricing behavior, which we're analysing. The GBP/USD currency pair has recently shown promising signs of bullish momentum, trading near the 1.2600 mark after recovering from...
The Impact of Inflation on Currency Prices Inflation is a key monetary concept that plays a crucial role in shaping the price of currencies inside the global foreign exchange markets. Essentially, inflation measures the price at which the overall...
Japanese Yen Retreats After Weekly High Against US Dollar The Japanese yen has recently retreated after reaching a weekly high against the US dollar, indicating a shift in market sentiment. This analysis delves into the technical aspects...
The Bank of England (BoE) is set to announce its latest interest rate decision, with market expectations pointing toward a 25-basis-point cut. The BoE’s Monetary Policy Committee (MPC) is projected to vote 7-2 in favor of reducing the central bank’s...