Tag: Forex Market Analysis

Last week, GBP/USD showed a decrease in downward momentum, despite a drop from the short-term high of 1.3433. This week, the initial bias remains...

GBP/USD has been trading within a tight 30-pip range recently, showing signs of consolidation in the market. This comes as the focus shifts to...

The Reserve Bank of New Zealand is expected to announce a rate cut during their policy meeting on Wednesday. The decision to cut rates...

Oil markets experienced significant volatility today, with Brent prices initially rising by 3.5% before settling at a 2.7% increase. This surge was in response...

The NZDUSD currency pair is currently on a downward trend, reaching new lows for the day and retesting the previous day's low around 0.6263....

The Euro's attractiveness has decreased recently due to expectations of rate cuts by the European Central Bank (ECB). This is influenced by weaker economic...

EURUSD Price Approaches Resistance Level in Forex TradingThe EURUSD pair experienced a day of volatile price action, with fluctuations that kept traders on their...

Weekly Forex Market Analysis (23-27 September)As we look ahead to the upcoming week in the forex market, there are several key events and data...

Key Economic Data Report for Forex TradersIn the ever-evolving world of forex trading, staying informed about economic data releases is crucial for making informed...

Strong US Retail Sales Boost USD/JPY ReboundThe USD/JPY pair experienced a notable rebound following the release of strong US retail sales data in August....