Category: Trading

The NZD/USD currency pair is showing signs of cautious recovery, trading near 0.5890 during the European session on Tuesday. This movement reflects a retracement of previous losses, yet technical indicators suggest the pair remains in a consolidation phase. The price action continues to be constrained within a rectangular range, indicating market indecision in the short...

The USD/JPY currency pair has jumped nearly 2%, trading around 148.00, as global markets pivot towards risk-on sentiment following a temporary tariff truce between the United States and China. This risk-friendly environment is weighing on safe-haven currencies, with the Japanese Yen losing ground against the strengthening US Dollar. This subject is carefully analyzed by the...

The price of Gold (XAU/USD) rebounded nearly 1% on Tuesday, climbing to around $3,260 per ounce, after suffering a sharp 2.65% drop the previous day. The move comes as initial enthusiasm over a US-China trade deal announcement rapidly faded, prompting renewed safe-haven demand from traders seeking portfolio protection. A deep dive into the subject is...

The EUR/USD currency pair opened the trading week with a sharp decline, briefly testing below the 1.1000 psychological level before staging a partial recovery. Monday’s session concluded with the euro down 1.4% against the US dollar, marking one of its steepest one-day losses in recent weeks.  With the US Consumer Price Index (CPI) inflation report...

The EUR/USD currency pair has broken below a key support level, marking a critical shift in its recent trajectory. This movement underscores a bearish trend that has taken shape in anticipation of upcoming US inflation data. With geopolitical developments boosting the US dollar and technical indicators flashing warning signs, traders increasingly adopt a risk-off posture...

The GBP/USD currency pair has experienced a significant decline, with recent movements reflecting a complex mix of macroeconomic data, technical signals, and geopolitical developments. As traders prepare for upcoming high-impact releases from both the United Kingdom and the United States, the pair’s short-term outlook remains bearish.  TelaraX offers a detailed and insightful analysis of this...

The AUD/USD currency pair experienced a notable decline early Tuesday, dropping to 0.6367, down from last month’s high of 0.6515. This move came despite signs of improving trade relations between the United States and China. The dip in the Australian dollar (AUD) is being seen by many analysts as a temporary pullback, with technical and...

In the foreign exchange (Forex) market, the EUR/JPY pair has become increasingly interesting as it approaches a critical resistance level, largely driven by a broader risk-on sentiment in global markets. The euro rallied sharply against the Japanese yen, propelled by a surge in global risk appetite following major macroeconomic developments.  This movement places the pair...

The BTC/USD pair has recently exhibited significant volatility, retreating from a bullish breakout that initially promised a test of all-time highs. As the technical landscape continues to shift, traders are re-evaluating key levels and signals in light of broader macroeconomic drivers, particularly U.S. Dollar strength and the upcoming inflation data release. TelaraX brokers present a...

The BTC/USD pair has recently exhibited significant volatility, retreating from a bullish breakout that initially promised a test of all-time highs. As the technical landscape continues to shift, traders are re-evaluating key levels and signals in light of broader macroeconomic drivers, particularly U.S. Dollar strength and the upcoming inflation data release. TelaraX brokers present a...