Looking at the EUR/USD chart, there appears to be a two-bottom chart. It comes as the ECB is avoiding talk of further rate cuts. Later in the week, America’s vital statistics could prompt a move in the pair. Unlock AI-powered stock picks for under...
The GBP/USD currency pair has begun to show signs of forming a bottom, with the price action currently testing the lower red channel line. This suggests that the market is in a consolidation phase and attempting to establish a stronger foothold....
USD/JPY tests intervention level, buyers may look for a new high above 160. The dollar was again in the intervention zone against the yen during the European session on Wednesday (June 26), hovering just below 160. It was reported at 159.958/68...
The Euro has recently been on a significant decline against the British Pound, hitting a fresh 22-month low of 0.8400 on Friday. This latest downturn marks an extension of a three-month-long slide that initially commenced in April, back when the...
NZD/USD/H1 Jump and Drop The NZD/USD exchange rate saw a rise on Wednesday, followed by a rapid decline. This kind of fluctuation indicates instability in the market. Today Stabilization On Thursday, the market calmed down due to the release of US...