16 December, 2015 by Aayush Jindal in Fundamental Analysis, GBPUSD, Market Analysis, Technical Analysis
GBPUSD – Important Break ahead of Fed?
British Pound traded lower against the US Dollar and broke a major support trend line on the hourly chart.
Can this be considered as an important break just ahead of the fed interest rate decision?
The GBPUSD pair traded as low as 1.5030, and currently struggling to hold the ground.
05 August, 2015 by Aayush Jindal in Fundamental Analysis, Market Analysis, NZDUSD, Technical Analysis
New Zealand Dollar was seen struggling against the US Dollar recently, as the latter one gained a lot of traction during the past couple of sessions.
There was a major release lined up today, as the New Zealand Employment Change released by the Statistics New Zealand posted a reading of 0.3% in Q2, 2015 which was lower than the forecast.
New Zealand Unemp...
04 February, 2015 by Aayush Jindal in Market Analysis
New Zealand Employment Change and unemployment rate report was released by the Statistics New Zealand, which pointed higher employment change and participation rate.
Employment change came in at 1.2% in the fourth quarter of 2014, compared with the forecast of 0.8%.
Unemployment rate increased from 5.4% to 5.7% whereas the market was expecting a decline t...