Chinese yuan failed to make much progress at the start of this week. This is because, the data showing rising exportation over the weekend was nullified by the anticipation of more aggressive tightening by the US.The surprise acceleration of US employment growth in July increased market expectations …
Forex Strategies
EURUSD Resumes Its Market Trend Downward
EURUSD Analysis - The Market Resumes Its Trend Downward EURUSD resumes its market trend downward. The EUR currency has been falling against the USD currency since February 10, 2022. The fall began after a few months of indecision in the market as the bulls and bears struggled to keep the market …
NZDUSD Buyers to Open up Trade Back to Resistance Level
NZDUSD Analysis - Buyers to Open up Trade Back to 0.66010 Resistance Level NZDUSD buyers to open up trade back to 0.66010 resistance level. At this moment, the currency pair is already weighted toward a buying inclination. After a breakout from the 0.62180 key zone, the buyers established price …
