NZDUSD Daily Time Chart Analysis The NZD/USD pair is currently trading in a consolidation zone between the 20-day and 50-day simple moving averages. The corresponding pair is moving within a horizontal channel with resistance at 0.5725 and support...
The Bank of England (BoE) is widely expected to cut interest rates by 25 basis points (bps), bringing the rate down to 4.75%. Among the nine members of the Monetary Policy Committee (MPC), a majority of seven are anticipated to vote in favor of this...
XAU-USD Price Movement Update Xauusd moved according to previous predictions, namely to the target profit fibo retracement of 161.8. the next movement stopped and did consolidation/sideways after reaching the fibo retracement line 161.8. Until this...
The NZD/USD H1 chart presents a well-defined trading range with key levels of support and resistance shaping the price action. The current price is around 0.5656, which aligns closely with a critical resistance-turned-support zone. Observing the red...
Current Price Action of EUR/JPY The EUR/JPY currency pair is currently trading around 160.26, where it is experiencing a consolidation phase. Prior to this, the price tested a significant support level at 158.15, which has proven to be a robust...
