NZD/USD Technical Analysis: NZD/USD is hovering around 0.6300, showing some bullish momentum on the daily chart. I’ve noticed the pair holding above the 50-day moving average, which suggests buyers are still in control. The RSI is sitting at 58,...
The Canadian economy is currently facing significant headwinds, with rising unemployment reaching multi-year highs, putting pressure on the Bank of Canada (BoC) to step in with aggressive monetary easing. In response, the BoC is expected to...
GBP/USD Technical Analysis On the H1 timeframe, the GBP/USD pair is currently in a clear downtrend supported by a well-defined bearish market structure. A descending trendline is drawn on the chart, showing that the price consistently follows this...
The NZD/USD pair is currently exhibiting a robust bullish stance that is underpinned by a well-defined technical framework, with the pivot level at 0.5573 emerging as a critical support that traders rely on to gauge near-term price behavior. This...
The USD/ CAD currency brace has been showing signs of a strong uptrend, with prices remaining elevated above the vital support position of 1.4625. This position has acted as a pivotal point of reference in recent trading sessions, with request...
