Latest Market News
The New Zealand dollar, paired with the UD dollar, is poised for growth. The current NZDUSD exchange rate is 0.6008. Although the Kiwi dollar stands at the same level as a month ago, this period has seen sufficient fluctuations. The positive news for the NZD became generally improving risk appetite after investors believed that the […]
The Japanese yen, paired with the US dollar, resumes its decline. The current USDJPY exchange rate stands at 154.54. After a series of strengthening moves, the yen came under pressure again amid the statements of a leading monetary policymaker Masato Kanda that the government is ready to fight speculative movements of exchange rates. However, Kanda […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Harami reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a descending wave. The decline target could be the 1.0670 support level. However, the price could pull back to 1.0800 and continue its downward momentum after testing […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0745 is expected, followed by a rise to 1.0875. An additional signal confirming the rise will be a rebound from the lower […]
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a downward impulse, reaching 1.0751. The market has corrected to 1.0790 today and is currently developing another decline structure aiming for the local target of 1.0700. After the price reaches this level, a corrective phase is not ruled out, targeting 1.0744. Subsequently, the price could […]
EURUSD “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on D1, indicating a prevailing downtrend. The RSI is testing the resistance line. In this situation, the price is expected to break the 4/8 (1.0772) level and decline to the support at 3/8 (1.0620). The scenario might be cancelled by surpassing the […]