The levels I mentioned were not tested in the second half of the day. Reports on the corporate services price index, the Bank of Japan's core consumer price index, and the leading economic indicators index led to a surge in volatility, but that was...
Since the beginning of this week, the NZDUSD pair has been moving within a white price triangle, which lies between price channels representing the last two weeks' movements. It generally indicates an upward trend with varying extensions. The price...
USD/CAD analysis: At the H1 timeframe analysis, the USD/CAD pair is currently encountering resistance from sellers who are trying to reverse the ongoing uptrend. The pair recently dropped from a high around 1.3790. Now, the price is trading between...
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....
The NZD/USD exchange rate currently stands at 0.6134, indicating a bearish trend in the market. This decline reflects a gradual weakening of the New Zealand dollar (NZD) relative to the US dollar (USD). The ongoing bearish trend in the NZD/USD...