Forex: NZD/USD breaches 200-hour SMA
Upside risks dominated the NZD/USD exchange rate on Friday. The New Zealand Dollar appreciated by 65 base points against the US Dollar during the end of Friday’s session. Monday’s trading […]
Upside risks dominated the NZD/USD exchange rate on Friday. The New Zealand Dollar appreciated by 65 base points against the US Dollar during the end of Friday’s session. Monday’s trading […]
Upside risks prevailed in the market on Wednesday, thus sending the US Dollar to surged by 0.70% against the Canadian Dollar. The currency pair dashed through a resistance cluster formed […]
The European Single Currency appreciated 0.56% against the US Dollar since Thursday’s session. During the previous session, the currency rate surged to the weekly R1 at the 1.1611 mark. During […]
A two-week ascending channel has guided the New Zealand Dollar higher against the US Dollar. However, the currency pair broke out through the lower boundary of the two weeks ascending […]
The US dollar is the main global reserve currency and most international transactions employ US dollars as the means of exchange. The US has exploited its dominant position in global […]
The recent and not so recent turmoil in Emerging Markets (EM) can be considered as normal if one is willing to see the United States as an “exceptional” country. The […]
Forex traders know that following a tread is usually a good bet and leads to profitable trades. Always setting a stop loss is necessary to be sure that sudden reversals […]