The market's reaction to key economic data, including the Michigan Consumer Sentiment Index and housing market figures, will be crucial in determining gold’s near-term trajectory. Stronger-than-expected data could lend support to the USD,...
Technical analysis of EURGBP Today I picked EUR/GBP for technical analysis and the market price fell one level and is now closer to the trend line, which is helping to push the price higher. After breaking the market price support at 0.6350, the...
The New Zealand Dollar (NZD) staged a modest recovery on Thursday, rebounding from a two-year low of 0.5761 against the US Dollar (USD). This rebound was fueled by a combination of factors, including a slight pullback in the US dollar and...
TRADING CHART ON NZD/USD D1. The NZD/USD daily chart illustrates a prolonged bearish trend, with the price currently hovering near the critical support level at 0.58075. This level has previously acted as a significant barrier, providing strong...
The Cable gained sharply, nearing 1.2770 during the early Asian session today. This decline was primarily driven by the strengthening of the Dollar, which has been gaining ground across the board. Factors such as rising geopolitical tensions in West...
