News

The primary currency pair maintains its upward trajectory on Monday. The current EURUSD exchange rate stands at 1.0663. Recent comments from the US Federal Reserve have led investors to reconsider global interest rate cut timelines. Meanwhile, the European Central Bank is believed to start reducing the interest rate in the mid-year. ECB member Madis Muller […]

EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range around 1.0650. A growth link targeting 1.0693 is not excluded, after which a decline towards 1.0585 might follow. This is a local target. Once this level is reached, a correction to 1.0733 could begin, followed by a decline to 1.0440. GBPUSD, “Great […]

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has exited the Triangle pattern. The pair is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the Tenkan-Sen line at 1.2425 is expected, followed by a decline to 1.2275. An additional signal confirming the decline will be a rebound from the lower […]

EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction structure towards 1.0689. Today the market has formed a decline wave to 1.0610 and a growth link towards 1.0638 (testing from below). The decline wave is expected to extend to 1.0585. This is a local target. Once this level is reached, a correction […]

The New Zealand dollar, paired with the US dollar, is declining on Friday. The current NZDUSD exchange rate stands at 0.5882. Investors are avoiding risks, which affects the New Zealand dollar, among other factors. The geopolitical factor in the Middle East currently plays a significant role as the primary market catalyst. Moreover, the US Federal […]

The Japanese yen, paired with the US dollar, is not declining yet but does not appear strong. The current USDJPY exchange rate stands at 154.39. Bank of Japan governor Kazuo Ueda noted that the regulator might raise interest rates if the weakness of the Japanese yen leads to a sustained rise in prices due to […]