The EUR/USD experienced a modest rebound on Thursday, gaining 0.45% to trade near 1.0400, following a sharp 1% decline in the previous session. However, the pair remains subdued below its 20-day SMA, indicating limited upside potential. The European...
The currency pair experienced significant volatility in Thursday's trading session, fluctuating around the 1.2500 level. Early in the day, the strength of the U.S. dollar was the dominant force, pushing the pair lower. However, by the time of this...
The New Zealand Dollar (NZD) is facing ongoing headwinds, driven by weak domestic economic conditions and the Reserve Bank of New Zealand’s (RBNZ) easing measures. These cuts reflect the central bank’s efforts to stimulate growth, but their...
If these support levels hold firm, the yellow metal is likely to remain within a consolidation phase, fluctuating between support and resistance. However, if these levels are breached, it could signal a deeper correction, prompting traders to...
The British pound experienced a decline in North American trading, falling below the 1.2500 level. This downward movement, amounting to over 0.48% or 60 pips, was primarily driven by positive economic indicators from the United States. A key factor...
