The NZD/USD currency pair, representing the exchange rate between the New Zealand Dollar (NZD) and the US Dollar (USD), is currently trading around 0.6125. The prevailing trend for this pair is bearish, indicating a decline in the value of the NZD...
The EUR/USD currency pair continued its downward movement on Friday. This trend would have continued throughout the day without the University of Michigan Consumer Sentiment Index in the US. The index was much weaker than forecast, which halted the...
As of the current trading session, the GBP/USD pair is quoted at 1.2650. Recent market dynamics indicate that the US dollar continues to exhibit a bearish trend. This decline in the dollar's value can be attributed to a combination of factors...
4:55 GMT: Sold the USD/JPY At 4:55 GMT, I opened a sell trading position with a 0.25 lot size on USD/JPY. You can see the details of this trade in the picture below. USD/JPY | Sell | Enter @ 157.50 | Stop @ 157.69 | Take profit @ Depend on the...
USD/JPY: The main resistance level for USD/JPY is 157.37. The next price target for buyers is to break through the untested resistance at the 157.64 level. If successful, the USD/JPY pair could continue its bullish movement towards the next...