Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The market price is currently between the resistance level at 0.5880 and the support level at 0.5804. Now that the market price has broken the support level and closed...
The escalating geopolitical tensions have significantly bolstered the US Dollar (USD), as investors flock to safer assets amid growing uncertainty. This heightened demand for the USD has placed downward pressure on the British Pound (GBP), creating...
The pair faces continued pressure as market participants react to disappointing updates on China's stimulus efforts. The National Development and Reform Commission of China acknowledged challenges from complex domestic and international environments...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. The market price fell below the 0.6465 resistance and rebounded after reaching the 0.6381 support. If the market fails to break above this support, the price is likely to...
USD/CHF Technical Analysis Right now, USD/CHF is hovering around 0.8805, showing a cautious market mood. On the 4-hour chart, the pair remains below both its 50-day and 200-day EMAs, which points to a bearish setup. Resistance looks solid at...