### Analysis of the EUR/USD Pair: Current Trends and Future Outlook The EUR/USD currency pair has recently been trading at around 1.1290, reflecting a bearish trend. Understanding the dynamics of this pair is crucial for traders and investors...
TRADING CHART ON NZD/JPY H4. The NZDJPY exchange rate's downward momentum failed to reach the support level (S1) of 85.85, stopping at a low of 86.24. The price then rebounded and consolidated around the pivot point (PP) of 87.11. Soon after,...
The US dollar has seen a strong bounce from a key uptrend line, especially around the 140 yen level, an area that has proved significant several times in the past. Last week, while the Federal Reserve introduced a 50 basis point rate cut, the Bank...
The current price of gold has increased and surpassed the psychological 2600 mark, reaching a new record high in the 2630 range. The price has broken above the resistance level of 2613 and remains above it for now. The price may experience a...
The currency pair experienced a decline of 0.31% during last Friday's trading session, closing near the 0.6800 mark. This drop can be attributed to the dovish stance of the Reserve Bank of New Zealand (RBNZ) and concerns over a potential decrease in...