Technical and Fundamental Analysis of the NZD/USD Pair NZD/USD traded near 0.5673 during the European session after giving back the modest gains recorded in the previous trading day, with the New Zealand dollar remaining under pressure amid a...
USDJPY: The USD/JPY price is currently trading at 161.777, and the recent support dip below the 200-day simple moving average at 161.027 will provide us further insight into how to break out of the downtrend channel above the 50% Fibonacci...
EURUSD – Technical Analysis Support and Resistance EURUSD continues to follow a bearish institutional order flow after facing a rejection from the 1.14369 price level. Following this rejection, the pair is currently trading around 1.13976,...
From my analysis of the EUR/USD daily chart, the overall market structure continues to favor the downside, although short-term price action suggests that a corrective rebound may develop before the broader bearish trend resumes. The wave structure...
USD/CAD Price Forecast USD/CAD targets the primary resistance at a nearly 15-month high of 1.4248. The 14-day Relative Strength Index at 78.6 indicates overbought conditions. The pair may find primary support at the nine-day EMA of 1.4177. USD/CAD...