NZD/ USD Price Overlook The correction of the dollar index approaching the level of 107.00 has weakened the outlook for the US Dollar currency in almost every currency pair. Without exception for the NZDUSD pair which has been moving up this week....
USD/CAD Analysis: Current Market Consolidation Phase Overview of Current Trend The USD/CAD currency pair is currently exhibiting a sideways movement after experiencing a bullish trend. This behavior indicates a consolidation phase where the price is...
GBP/USD Analysis: Recent Price Movement and Outlook Range-Bound Movement The GBP/USD currency pair has exhibited a range-bound movement over the past two days, oscillating between 1.2290 and 1.2374. However, on Friday, the market broke above this...
The Euro continues to struggle against its peers as market expectations grow for more aggressive rate cuts by the European Central Bank (ECB) amid a dim economic outlook for the Eurozone. The ECB is projected to reduce its Deposit Facility Rate by...
The NZD/USD currency pair shows signs of a bullish momentum with an anticipated rise between 30 to 43 pips. Currently, the pair finds strong support at 0.5693, which acts as a pivotal level for further upward movement. Technical indicators such as...