Tag: price analysis

In the trading world, the NZD/USD pair has shown some signs of a slight rebound recently, settling near the 0.5900 mark after facing a strong bearish influence. Despite this small bounce, the pair had...

The USD/JPY pair managed to recover from its daily low of 151.94 and ended Thursday's session unchanged at 153.93. This recovery was supported by the release of better-than-expected US GDP figures for the second...

The Pound Sterling saw a significant increase in value against the US Dollar as a result of positive data from the UK and disappointing US inflation numbers. This led to the GBP/USD pair trading...

The Pound Sterling saw a rise to 1.2842 against the US Dollar following comments from the Bank of England's Huw Pill cautioning against making policy decisions based on single data points. The GBP/USD pair...

EUR/JPY is currently trading around 174.30, putting a stop to its three-day decline. The daily chart analysis reveals a rising wedge pattern, which suggests a possible bearish reversal. Moreover, the 14-day Relative Strength Index...

Last Friday, the price of gold went up after the US NFP report was released. The report showed that the labor market was slowing down, with the unemployment rate going up and wage growth...

The NZD/USD pair has shown a positive trend as it closed above the 20 SMA support at 0.6120, indicating bullish momentum. The pair tested resistance around the 0.6150 level, showing signs of strength in...

The GBP/USD pair experienced an increase of more than 0.20% following the release of the US jobs report for June. The data showed that the economy added more jobs than anticipated, but revisions to...

The New Zealand Dollar (NZD) versus the US Dollar (USD) pair experienced a three-day losing streak, closing the week on a negative note with the pair stabilizing at 0.6115. The outlook for NZD/USD continues...

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 surpassed the previous resistance level and set a fresh cycle...

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 session on Wednesday. This consolidation is happening amidst uncertainty surrounding...

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 and bears are currently locked in a tight battle, with...

The Euro has experienced a decline against the Japanese Yen for the second consecutive day, influenced by political uncertainty in France. This uncertainty stems from the decrease in presidential approvals ahead of the General...