GBP/CAD Technical Analysis and Trading Strategy Market Overview Upon analyzing the GBP/CAD currency pair, it is evident that the market sentiment is currently bullish. The price has broken through the 1.7992 zone, signaling a potential bullish...
The Reserve Bank of New Zealand (RBNZ) has been compelled to adopt an aggressive policy-easing approach due to declining inflationary pressures, weakening labor demand, and sluggish business activity. Meanwhile, the U.S. Dollar faces headwinds as...
EUR/USD Daily Technical Analysis EUR/USD experienced selling pressure yesterday, as the price faced rejection from the $1.04400 level and closed at $1.03980. Today’s price action shows a further decline toward $1.03500, a key support level, where...
The New Zealand Dollar (NZD) is showing signs of a potential upward movement, with key resistance levels in focus. In the short term, the NZD could test the 0.5705 level before stabilizing, though the next resistance at 0.5725 is unlikely to be...
Current Price Action of EUR/JPY The EUR/JPY currency pair is currently trading around 160.26, where it is experiencing a consolidation phase. Prior to this, the price tested a significant support level at 158.15, which has proven to be a robust...
