The British pound has been on a roll against the US dollar for the past three days. This upward trend is likely to continue in the near future, influenced by expectations of a weaker US dollar and a dovish Federal Reserve. The key factor driving the...
The EUR/USD currency pair, which measures the value of the Euro against the US Dollar, has recently shown a notable pattern in its trading behavior. Specifically, it has dropped below its ascending channel on two distinct occasions. These...
NZD/USD H1 ANALYSIS. The NZD-USD market all through May showed no significant developments. After successfully passing the 200 daily EMA line at the beginning of May, prices were observed consolidating for quite some time around the 0.6062–0.6147...
USD/JPY Forecast Good Morning Guys! Last week was not too good for the sellers of USD/JPY. They lost up to 50 pips and raced at 156.78 zone. However, this week have some news events related to JPY MOntary Policy and BOJ's Rate Statement. So, the...
NZD/USD Analysis Greetings and Good Morning to all Visitors! As we know the market of NZD/USD reached around the 0.6104 zone on Friday. It is not a better scenario for the buyers. So, they should hold the 0.6132 zone to come back into the market. By...