EUR/USD soared to its highest level since early January, surpassing 1.1000 and signaling bullish momentum. However, technical indicators suggest the pair is overbought and the focus now shifts to upcoming
In a remarkable move, the NZD/USD pair surged by 0.92% to 0.6090, indicating a strong bullish trend that has been building up over the past few sessions. Technical indicators are
The New Zealand Dollar (NZD) is making significant strides towards the crucial resistance level of 0.6055, according to top UOB Group FX strategists Quek Ser Leang and Peter Chia. Potential
The US Dollar (USD) is expected to trade within a range of 146.50 to 148.00, with signs of downward momentum starting to diminish. A breach above 148.30 would indicate a
Title: USD Likely to Trade Sideways with Diminished Downward Momentum - Expert Analysis The US Dollar (USD) is expected to trade within a range of 7.1700/7.1880 as downward momentum fades,
The Pound Sterling (GBP) saw a brief surge in response to this morning’s UK labour market data, with unemployment unexpectedly falling to 4.2% in June, defying expectations of a rise
Germany’s ZEW Investor Expectations Survey took a hit in August, dropping to 19.2 compared to July’s 41.8, according to Scotiabank’s chief FX strategist Shaun Osborne. The survey results were weaker
The Mexican Peso (MXN) is making significant gains against the US Dollar (USD) following the release of lower-than-expected US Producer Price Index (PPI) data. This has weakened the USD and
Gold (XAU/USD) is currently trading in the $2,460s after encountering a key resistance level in the $2,470s. This rally was fueled by a combination of falling US bond yields and
Silver (XAG/USD) is facing renewed selling pressure after failing to sustain gains above $28.00. The white metal is currently trading around $27.75, down nearly 1% for the day. Traders are