GBP/USD Price Analysis: Breaches 200-DMA, buyers eye 1.2600
GBP/USD trades above 200-DMA at 1.2547, lifted by positive sentiment. Technicals suggest upward trend, with resistance at 50-DMA…
Read MoreUS Dollar back to flat with tensions brewing in the Middle East
The US Dollar heads back to flat after taking a step back earlier. The Greenback gave up its…
Read MoreNZD/USD Price Analysis: Bullish momentum picks up, buyers rejected at the 100-day SMA
The daily indicators hint at a strengthening bullish momentum. Hourly indicators are consolidating after hitting overbought conditions earlier…
Read MoreUS Dollar closes a losing week following soft NFP
US Nonfarm Payrolls report from April underperformed, showing a lower-than-expected increase. The odds of a rate cut in…
Read MoreEUR/USD finds support near 1.0650, downside remains favored ahead of Fed policy
EUR/USD finds a temporary support near 1.0650 though dismal market sentiment keeps the downside bias intact. Uncertainty ahead…
Read MorePound Sterling remains on backfoot amid caution ahead of Fed policy decision
The Pound Sterling (GBP) experienced a significant decline, falling below the key level of 1.2500 against the US…
Read MoreSilver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $27.23 per troy ounce, down…
Read MoreUSD/CAD sticks to modest recovery gains, remains below 1.3700 ahead of US data
USD/CAD rebounds from a two-week low and draws support from a combination of factors. Weaker Oil prices undermine…
Read MoreNZD/USD Price Analysis: Could break into the symmetrical triangle, rises to near 0.5950
NZD/USD extends gains despite the prevailing bearish sentiment for the pair. A break below 0.5900 could lead the…
Read MoreHow Much Money Do You Need to Invest in Forex Trading?
Forex trading allows individuals to participate in the global currency market and potentially profit from currency price fluctuations.…
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