As the price declines, it frequently interacts with the middle Bollinger Band before eventually breaking below it, signaling a potential bearish reversal. The lower Bollinger Band starts expanding downward, confirming increased selling pressure....
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. Market prices continue to fall and break through each falling support level, and the market price has now reached historical price increases. The market fell from the price...
The Reserve Bank of Australia (RBA) is expected to begin cutting interest rates in May 2025, according to analysts at ANZ and Westpac, who have pushed their forecasts from March due to persistent inflationary pressures. The Australian Dollar (AUD)...
AUDUSD H4 Forecast The 4-hour chart of the AUD/USD pair indicates a strong bearish move as the price broke a key uptrend line. This indicates that the previous uptrend is losing steam and sellers are now in control. The price continues to decline,...
EURUSD Analysis Fundamental dynamics also play a role in the movement of EUR/USD. In recent days, US tax announcements have increased uncertainty in global trade and increased demand for the US dollar as a safe-haven investment. The policy shift has...
