admin

The EUR/USD pair is currently trading around 1.0740, facing pressure from a stronger USD. This comes after an unexpected rise in US CPI inflation data in March, which pushed the US Dollar to yearly highs and weighed on the major pair. Investors are closely monitoring the European Central Bank (ECB) interest rate decision and the
0 Comments
The EUR/USD pair is currently in a state of neutrality, hovering around 1.0851 on Wednesday as investors eagerly wait for important updates. These updates include the US inflation data for March and the outcome of the European Central Bank (ECB) meeting on Thursday. The anticipation of these significant events is causing investors to proceed with
0 Comments
The USDJPY pair has been trading sideways just below the 152.00 level, a point that was significantly defended by Japanese authorities back in 2022. Despite this, momentum indicators are nearing overbought conditions, hinting at a possible shift in the current trend. Potential Price Movements After establishing a strong uptrend from early March when it bounced
0 Comments
The New Zealand Dollar has been making strides against the US Dollar, attempting to break above the key resistance level of 0.6000. The recent positive movement started from the 0.5940 zone and successfully cleared obstacles around 0.5990 and 0.6000. A significant breakthrough was the crossing of a major bearish trend line with resistance at 0.5990.
0 Comments
In a recent announcement, Chinese video games giant NetEase revealed its partnership with Microsoft to reintroduce popular games like “World of Warcraft” back to China. This collaboration comes after a previous fallout that led to the end of a decade-long partnership between NetEase and Blizzard Entertainment. According to the press release, both NetEase and Microsoft
0 Comments