Tag: currency pair
USD/JPY Forex Analysis: Heading Towards Danger Zone
USD/JPY bulls are taking big risks. The pair has been on the rise for seven consecutive days following a strong US services PMI report....
NZD/JPY Price Analysis: Cross Extends Gains Above 97.00
The NZD/JPY cross has been on an upward trend, reaching new cycle highs above 97.00. This positive movement continued on Thursday as the cross...
AUDCAD Forecast: Bullish Momentum Continues – Action Forex
AUDCAD saw a strong rebound on Tuesday, surpassing the key resistance level of 0.9125. The pair is currently trading above a previous upward channel...
USD/CAD Price Analysis: Consolidation near 1.3700 Level
The USD/CAD pair is currently trading in a narrow range but is holding steady above the key support level of 1.3700 during the European...
NZDUSD Technical Analysis: Price Approaching Key Support Level
The USD lost ground last week due to a soft US CPI report, leading to market expectations of two rate cuts by the end...
Maintaining Offered Tone: NZD/USD Near 0.6130-0.6125 Area
The NZD/USD pair experienced some selling pressure for the third consecutive day on Monday. This was influenced by mixed Chinese data that did not...
USD/JPY Weekly Forecast: Latest Analysis and Trends for Traders
The USD/JPY pair showed a choppy rise from 151.86 and broke through the 157.70 resistance last week. This led to a continuation of the...
NZD/USD Price Analysis: Bulls Battle as Consolidation Intensifies
The NZD/USD pair has been stabilizing near the 20-day Simple Moving Average (SMA) of 0.6140 after a dip to a low of 0.6115. Bulls...
EUR/USD Weekly Forecast: Key Analysis and Predictions
Last week, the Euro saw a significant decline indicating that the rebound from 1.0601 may have already ended as a correction to 1.0915. This...
EUR/JPY Price Analysis: Impact of Political Turmoil on Exchange Rate
The Euro has experienced a decline against the Japanese Yen for the second consecutive day, influenced by political uncertainty in France. This uncertainty stems...