To overcome these hurdles, a retest of the 1.0940 level is likely. Further gains could then target the 1.0980-1.1000 zone, a significant resistance area for traders. Conversely, if the euro falls below the 1.0814 support level, a breakout could...
Gold Reclaims Some Losses Despite Strong USD, Gains Over 0.50%: Gold prices have bounced back, recovering some losses from the previous week. Even though the US dollar is strong, gold has achieved gains of over 0.50%. This resilience in gold prices...
The EUR/JPY currency pair has seen a recent decline to 170.30, but it's still holding steady above a key support level at the 20-day moving average of 169.22. However, there are signs that further upward movement may be limited. On the bigger...
The chart provided is a detailed technical analysis of the NZD/USD currency pair on a 4-hour timeframe from TradingView. It employs several key technical analysis tools and indicators, including Fibonacci retracement levels, a trend line, and volume...
The British Pound is facing headwinds in early Asian trading on Tuesday, hovering slightly below 1.2730. This cautious trading comes ahead of the release of the UK jobs report later in the day. Investors are adopting a wait-and-see approach, wary of...