EUR/ USD Market Forecast Greetings and Good Morning guys! The German Prelim PMI and CPI Flash Estimate were also better and helpful for the EUR trade this week. However, the US news made the Dolalr stable too. Yesterday, the market of EUR/USD...
General Points about USDCAD This situation is quite damaging for the USDCAD sellers, as they continue to lose value in the market. This week, we saw that the Ivey PMI data for Canada was negative, signaling a weaker economic outlook. Even though the...
The NZDJPY pair is experiencing a continuous downward trend, which may generate a death cross signal. To confirm this, we need to wait for the EMA 50 to cross below the SMA 200, indicating a widening gap. If the two moving averages still overlap,...
USD/JPY Market Outlook Greetings and Good Morning to everyone! Yesterday, the market of USD/JPY crossed the 158.35 zone successfully. It shows that the sellers are still weak. However, the market needs a process which is an essential rule of this...
GBP/USD Weekly Outlook Greetings and Good Morning to all traders! The UK construction PMI rate was not too good to help the buyers of GBP/USD. Moreover, the price crossed the 1.2290 zone yesterday. So, we can say that this week unfolded as a dynamic...
