NZD/USD D1 chart On Monday, NZD/USD was indeed facing a decline. At the time when the candle was dropping, it had penetrated its lowest support at a price of 0.6056. However, NZD/USD sta6rted to rise again when the candle reached a price of 0.6044....
GBP/AUD M30 chart This afternoon I will start the analysis by looking at the price movement on the GBP/AUD currency pair using a daily timeframe, where in the last few days the candlestick has indeed experienced a bearish condition approaching the...
The pair is experiencing upward pressure as investors closely monitor the Reserve Bank of Australia's (RBA) hawkish monetary policy stance. Despite strong wage growth in the second quarter, RBA Governor Michele Bullock has dismissed the possibility...
One of the things that no one can disagree on is that achieving success in the Forex market is not as easy as some people imagine and believe. Additionally, it is not for everyone. Forex is an investment field fraught with many risks, and a...
The price is expected to test the support line within the trading range, with 1.0950 acting as a critical resistance level. A breakdown at this point would confirm the continuation of the well-established bearish trend seen over the past sessions. I...