Technical Analysis of New Zealand dollar/US dollar Last trading week, the New Zealand dollar continued its modest decline, failing to maintain the signal level of 0.6126. The price fell to 0.6082 and tried to break above this level, which almost...
The pair regained some ground on Friday, reversing its earlier losses, while the US Dollar (USD) saw a recovery driven by higher US Treasury yields. Despite this rebound, rising speculation about a potential interest rate cut by the US Federal...
The USD/CAD currency pair, which is currently trading at 1.3698, has exhibited a bearish trend recently. This indicates that the US dollar has been weakening against the Canadian dollar. A bearish trend typically means that sellers are dominating...
Everything seems fragile due to weak news headlines. It seems like a potential opportunity is approaching; It is regrettable that I cannot accurately predict when this move will happen, as we need to first attempt to reach 157.40. If unsuccessful,...
AUDUSD MARKET ANALYSIS On Thursday (June 27), the AUD/USD performed sluggishly and closed at 0.6645, basically the same as Wednesday. Australian bonds, which had already been sold off after the release of Australia's May inflation report, were hit...