GBP/USD price forecast The US Dollar Index (DXY), which tracks the performance of the US Dollar against a basket of six major currencies, is attempting a modest recovery on Wednesday but remains near yearly lows at 106.50. Traders continue to weigh...
NZD/USD Greetings and Good Morning guys! New Zealand’s GDP rate was not too good to help the buyers of NZD/USD, which has led to a bearish sentiment in the market. The weak economic performance suggests that the New Zealand dollar may struggle to...
Market Fundamentals: The Euro (EUR) is gaining momentum as political developments across the globe fuel market sentiment. Italian Prime Minister Giorgia Meloni's visit to President-elect Donald Trump at Mar-a-Lago has sparked geopolitical...
EURUSD Technical Analysis EURUSD is currently trading around 1.0498 on the H1 timeframe, showing a strong bearish trend as the price remains below the 150-period moving average. The market has experienced a continuous decline, indicating persistent...
GBP/USD Greetings and Good Morning guys! The market scenario of GBP/USD looks in favor of sellers these days, with bearish sentiment dominating price action. The GBP has no particular news events to follow, leaving it vulnerable to broader market...
