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EUR/USD Price Analysis: Attempts a consolidation break as USD Index loses upside momentum

The EUR/USD pair is coming out of the woods as the US Dollar Index (DXY) has faced stiff barricades around 102.60 in the London session. The major cur

United statesCity ofUnited kingdomChristine lagardeEuropean central bankExponential moving averageRelative strength index

USD/JPY Price Analysis: Climbs firmly above 141 00 as BoJ continues ultra-dovish policy stance

The USD/JPY pair showed a V-shape recovery from 140.00 after the Bank of Japan (BoJ) Governor Kazuo Ueda announced an unchanged interest rate decision

Kazuo uedaGovernor kazuo uedaJapanese yenExponential moving averageRelative strength index

NZD/USD Price Analysis: Needs acceptance above 0 6200 for further rally

The NZD/USD pair has rebounded after sensing buying interest near 0.6160 in the early London session. The Kiwi asset is struggling to find acceptance

New zealandCity ofUnited kingdomJerome powellFederal reserveGross domestic productNew zealand dollarExponential moving averageRelative strength index

GBP/USD Price Analysis: More downside seems warranted amid a breakdown below 1 2400

The GBP/USD pair has slipped sharply below the round-level support of 1.2400 in the European session. The Cable is facing immense selling pressure as

United kingdomUnited statesAndrew baileyFederal reservePound sterlingBoe governor andrew baileyUnited kingdom prime minister rishiRelative strength index

GBP/USD Price Analysis: Oscillates above 1 2500 as US PMI contraction vs solid Employment divides Fed

The GBP/USD pair is oscillating after a stalwart rally above the psychological resistance of 1.2500 in the early Tokyo session. The Cable has turned s

United statesFederal reserveAutomatic data processingExponential moving averageRelative strength index

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