Bullish sentiments towards the dollar are gradually weakening as the American economy cools down. In the first quarter, the USA experienced weak GDP growth of 1.6%, below the expected 2.3%. Additionally, April retail sales showed no growth. This is...
EUR/JPY Analysis The European Parliamentary Election couldn't bring volatility for the buyers of EUR/JPY yesterday. Instead, we observed a sideways market sentiment, indicating a lack of significant movement in either direction. Given this context,...
The current market conditions for EUR/JPY are showing some favorable signs for buyers, particularly around the 169.47 zone. This level appears to be a potential buying opportunity, suggesting a slight upward correction or a temporary support area....
The economic calendar for the US dollar holds limited significance for the NZD/USD chart's activity today. I foresee a confident move towards the upper support level of 0.6380-0.6390 on the four-hour chart. This trend is likely to continue, and...
As of the latest market analysis, the GBP/USD currency pair exhibits significant levels of support and resistance that are crucial for traders to consider. Currently, the price hovers around 1.2500, with immediate resistance noted at 1.2550 and...