GBP/AUD H4 Chart Analysis Current Trend Overview The GBP/AUD currency pair appears to be showing signs of a weakening bullish trend. The price has been unable to break above the resistance level (R1) at 1.9642, despite having some upward movement...
AUD/USD Analysis After a sharp fall on Wednesday, AUD/USD and risk assets in general regained their composure on Thursday, trading above 0.6900 and near a one-year high. News that China's Politburo has pledged to increase subsidies for the poorest...
Technical Analysis: EUR/USD EUR/USD falls below 1.1150 as softer-than-expected inflation data from France and Spain has prompted ECB rate cut prospects in October. Flash French CPI (EU norm) and Spain's HICP fell below 2% year-on-year in September....
**GBP/JPY Currency Pair Overview** The GBP/JPY currency pair extended its losses for a second consecutive day, trading around the 185.00 mark during the European trading session. The Japanese yen (JPY) gained additional strength following remarks...
Analyzing the NZD/USD Pair's Current Movement The recent upward movement of the NZD/USD currency pair, initiated last night within the range of 0.6463 to 0.6426, has encountered a critical horizontal support level at 0.6257. This level's...