Currency Trading

Bitcoin Price: From $67,000 High to $63,600 Low

Key Points: Bitcoin price experienced significant swings, moving from over $66,000 to below $60,000, peaking above $67,000 before stabilising around…

1 week ago

Australian Q1 CPI Surges to 3.6%: Impacts AUD/USD

Key Points: AUD/USD showed a Dragonfly Doji and a break above the 50-4hr SMA, suggesting a short-term bottom at 0.6452…

1 week ago

Forex Forecast: EUR/JPY Nears 166.00 as JPY Slumps

Key Points: EUR/JPY experienced a strong uptrend, nearing a target of 166.00 due to Japan's dovish monetary policy. Potential interventions…

1 week ago

USD/CAD Analysis: Maintaining Position Above 1.3700

Key Points USD/CAD trades above 1.3700, with key EMAs as crucial watchpoints. CAD declined against USD, GBP, and JPY, affected…

1 week ago

Crypto Security: Enhancing Safety in Transactions

The rise of cryptocurrencies has revolutionised the way we conceive and conduct digital transactions. By dispensing with tangible money and…

1 week ago

USD/MXN Rate Slips 0.81%, Nearing 16.81 Support

Key Points: USD/MXN rate fell to 16.99, a 0.81% drop, with the 200-day SMA crossed at 17.16. Positive trends in…

1 week ago

GBP/USD Rate Hits 1.2450 on Economic Signals

Key Points: GBP/USD rose to 1.2450, influenced by UK and US economic indicators. US PMI data show a contraction in…

1 week ago

NZD/USD Hits Mid-0.5900s Amid 3-Day Buying Trend

Key Points The NZD/USD pair is showing a consistent trend of buying, now reaching the mid-0.5900s after three days of…

1 week ago

EUR/USD April Decline: Down 2.62% to 1.0650

Key Points EUR/USD is trading near 1.0650, close to the 200-hour EMA, with the potential to reach 1.0500 or recover…

2 weeks ago

USD/CAD Hits 1.3695, Reflects Economic Trends

Key Points: Recent drops in crude oil prices have pressured the Canadian dollar, affecting the USD/CAD rate. Positive US economic…

2 weeks ago

This website uses cookies.