The NZD/USD currency pair extended its gains for a second consecutive trading day, trading around 0.5610 during early European trading on Thursday. This upward movement was primarily driven by a strengthening New Zealand dollar (NZD), fueled by...
Technical analysis of USDCAD Today we will perform a technical analysis on USD/CAD. USD/CAD is the main currency pair in the foreign exchange market. The market is currently between our support and resistance levels. USD/CAD remains bearish and is...
The Australian dollar (AUD) experienced a brief reprieve against the US dollar (USD) on Thursday, following the release of China's Caixin Manufacturing Purchasing Managers' Index (PMI). Given Australia's close economic ties with China, any...
GBP / AUD: The H4 Time Frame Recommendation The bulls of GBPAUD might hit the 2.0045 level before the end of this week. The Australian Dollar has no positive news data that can help the bears or GBPAUD. Thus, the bull's pressure will continue in...
Technical analysis of USDJPY Today I will start technical analysis on USD/JPY. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance at 157.99 and above support...