The forex market continues to show diverse price movements. Some currency pairs remain trapped in consolidation zones, while others are gaining directional momentum. This week, AUDNZD and NZDUSD exhibit bullish strength, whereas EURNZD, EURGBP, and AUDCAD lean toward a bearish outlook as sellers intensify pressure. AUDNZD Major Bias: Bullish AUDNZD is poised to continue its […]
The market remains highly dynamic, with currency pairs reacting to evolving conditions. This week, AUDNZD and EURNZD exhibit a bearish outlook as sellers increase pressure, while NZDCHF and AUDCAD maintain a bullish stance with buyers pushing higher. EURGBP experiences renewed bearish momentum as sellers take control. Below is a detailed analysis of each currency pair […]
The forex market continues to present dynamic opportunities across various currency pairs. This week, attention is focused on AUDNZD, EURNZD, NZDCHF, EURGBP, and AUDCAD. These pairs exhibit diverse trends, encompassing consolidation, breakouts, and potential reversals. With global economic shifts influencing market movements, traders must remain vigilant and adaptable. Below is a detailed analysis of these […]
The market landscape for AUDNZD, EURNZD, NZDCHF, EURGBP, and AUDCAD reflects dynamic movements amid fluctuating global economic conditions. These currency pairs are exhibiting varying trends, presenting potential opportunities for traders. While a few markets are making solid gains, buyers have largely been in control for some. Below is the market analysis for today. AUDNZDMajor Bias: […]
The EUR/GBP pair resumed a mild bullish tone ahead of the European session on Monday, tapping the 0.8630 top. However, this bullish traction is resisted by the risk-off sentiment emanating from Brexit and an attempted rebound by the US dollar. On Monday, British policymakers in the House of Commons passed a vote in favor of […]
EUR/GBP tries to recover near the 0.8515 price level; as the European trading session commences today. EUR acquires upward momentum with some important events ahead. In addition, upholding the pair’s recent correction may be the guarded hopefulness in the market. Also, a High Harmonized Index Consumer Price that was recorded yesterday emphasizes Christine Lagarde’s speech […]
The EUR/GBP pair climbed higher in the London session on Thursday and touched a two-day peak at 0.8349 in the last two hours. That said, the pair recorded a minor dip following the two-day top sighting, falling to the 0.8323 low as bulls continue to push for a return above the 0.8360 resistance level. The […]
EUR/GBP experienced a sharp fall, following it’s falling below the 0.8350 price level, which has been acting as a major support level in recent times. Presently a new support level has now been found around 0.8300. Investors have abandoned the pair in anticipation of higher United Kingdom CPI (Consumer Price Index) numbers today. More on […]
The EUR/GBP pair fell into a sideways pattern in the European session on Thursday after regaining a significantly bullish momentum on Monday. The currency pair touched a new four-week high at 0.8417 yesterday before reversing mildly over the past few hours. Today’s correction poses a potential break in the parabolic bull run recorded since Monday. […]
