The GBP/USD currency pair displayed a lackluster performance on Tuesday, mirroring a broader market trend characterized by investor caution. The absence of significant economic data left traders hesitant to make decisive bets, resulting in the pair...
The Euro (EUR) and US Dollar (USD) exchange rate (EUR/USD), nicknamed "fiber" by traders, remained stuck in a familiar trading range around 1.0700 on Wednesday. This stability comes ahead of a data dump expected on Friday, which is keeping market...
Yesterday's American economic data release was met with a surprising shrug by the market. The numbers themselves were a bit underwhelming, suggesting some weakness in the US economy. However, this didn't stop the US dollar from continuing its upward...
NZD/USD analysis: The NZD/USD currency pair is currently experiencing a bullish trend, with a key resistance level set between 0.6153 and 0.6200. Market analysts are eyeing the next price target for buyers at an untested resistance level of 0.6182....
EUR/USD D-1 In this analytical post, I would like to open the daily chart. In essence, the situation there has not changed since my last trading post. The euro/dollar pair is still trading within the downward price channel, which was formed at the...