Good afternoon. On Friday, Pound sellers did not allow buyers to start forming an upward movement, and by the end of the session they updated the local minimum at 1.26290 and were able to consolidate below it. Now, the level of 1.25087 is their...
The Australian Dollar (AUD) continued its downward trend against the US Dollar (USD) on Wednesday, extending its losing streak to four consecutive days. This decline is primarily attributed to two key factors. The Australian Wage Price Index (WPI)...
Analysis of Gold Price and Market Trendsuring the week, gold rose to $2,690. However, it is setting up a sideways trend within a defined trading range. A sideways trend describes the price movement between an upper and a lower boundary without...
•••EUR/JPY Daily Analysis: November 17, 2024••• ••Introduction EUR/JPY remains in focus as traders analyze its price movement amidst uncertain macroeconomic conditions. The pair trades around 162.60, reflecting mixed signals from both the Eurozone...
•••NZD/USD Analysis: USD Dominates as NZD Struggles November 17,2024••• The NZD/USD currency pair remains under pressure today as the US Dollar continues its dominant performance across the forex market. Currently, the NZD/USD pair is trading around...
