The spot price remains under pressure, particularly against the JPY, which continues to strengthen as market speculation grows regarding a potential interest rate hike by the Bank of Japan (BoJ). This hawkish shift has positioned the JPY as one of...
The provided NZD/USD H1 chart presents a comprehensive view of price action over several weeks, showing fluctuations between approximately 0.5500 and 0.5730. The red moving average, likely a short-term indicator such as a 50-period SMA, reveals how...
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Technical Analysis: EUR/USD holds key support of 1.0300 EUR/USD edges higher ahead of the US CPI data for January, which will influence the Fed’s monetary policy outlook. European Commission President Ursula von der Leyen has threatened to take...
The NZD/USD currency pair is exhibiting a slightly bearish bias in Wednesday's European session, hovering around the 0.5650 level after experiencing losses in the previous trading day. Technical analysis of the daily chart reveals a market grappling...