The Australian dollar made a strong recovery, recovering most of its losses from the previous session's decline. Currently, it seems that it is determined to break the critical level of 0.63. However, the real test awaits us at the level of 0.6350,...
GBP/USD Market Forecast Greetings and Good Morning to everyone! The GBP/USD traders should know that today's release of the ADP Non-Farm Employment data will be another key event for the market. This report estimates the growth of private sector...
The Reserve Bank of New Zealand (RBNZ) recently justified its rate cuts by citing a challenging economic outlook and subdued inflation, which has now returned to the central bank’s target range of 1% to 3%. Earlier this year, the RBNZ lowered the...
EUR-GBP PAIR REVIEW The EUR-GBP market showed a slightly aggressive movement in Monday's trading. The price had moved below its daily open which opened yesterday morning at 0.8295. Below this area, the EMA 633 H1 and EMA 200 H1 crossed with their...
The currency pair experienced a lackluster performance on Monday, testing the limits of the 1.2550 threshold before succumbing to downside pressure. By the close of the session, the pair had dipped approximately 0.2%, settling around the 1.2490...
