The EUR/NZD pair remains under bearish pressure, trading below the critical pivot level of 1.8475, which has now become a significant resistance point. The technical indicators strongly favor continued downside momentum, with the RSI remaining...
The AUD/USD pair is navigating through a period of consolidation, with the possibility of a rebound that could see gains ranging between 41 and 57 pips. The pivot point at 0.6202 serves as a key reference level for traders looking to determine the...
The NZD/USD currency pair is trading at a crucial inflection point, with price action centered around the pivotal support level of 0.5628. If this level holds, a recovery is anticipated, with an expected rise of 34 to 48 pips. The technical...
NZD/USD has entered a critical phase, with its price movements largely dictated by the key pivot level of 0.5628. If this level holds, a rebound scenario is expected, with the potential for gains ranging from 34 to 48 pips. The technical landscape...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The market price is currently between the resistance level at 0.5679 and the support level at 0.5592. Now that the market price has broken the support level and closed...