Global growth and high interest rate concerns dragged the New Zealand dollar to the bottom of the forex heap this week.
Meanwhile, strong U.S. data inspired hawkish Fed bets and pushed the U.S. dollar higher across the board.
Missed the…
Article by IG Senior Market Analyst Axel RudolphFTSE 100, DAX 40, S&P 500 Analysis and ChartsFTSE 100 approaches key resistanceThe FTSE 100’s rally, triggered by weaker-than-expected UK inflation, is being boosted by June retail…
Good evening.Today I traded on the signals of my indicator.Trading the NZDUSD pair on the M1 timeframe. Great result, today I earned $ 39. Buy signal: up arrow. If there are open sell positions, they need to be closed. Sell…
Escalating tensions in Ukraine and resilient economic data from the major economies got traders pricing in higher interest rates and risk aversion.
No wonder commodity-related currencies like NZD tanked while safe havens like the Swiss…
EUR/USD Forecast - Prices, Charts, and AnalysisEUR/USD slides back towards 1.1100.Fed blackout period ahead of next week’s FOMC meeting.
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The US…
Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is a price level where rising prices stop, change…