NZD/USD analysis: The NZD/USD currency pair is currently experiencing a bullish trend, with a key resistance level set between 0.6153 and 0.6200. Market analysts are eyeing the next price target for buyers at an untested resistance level of 0.6182....
Strengthening the US Dollar and Increasing Treasury Yields: Gold prices have recently fallen by 0.59%. This decrease is due to the US dollar getting stronger and Treasury yields increasing. A stronger US dollar makes gold more expensive for those...
On NZD/USD on Friday, after a slight northward pullback, the price reversed and continued to push southward, resulting in the formation of a bearish reversal candle that was able to renew the previous day's low with its southern shadow. As I have...
The GBP/USD currency pair displayed a lackluster performance on Tuesday, mirroring a broader market trend characterized by investor caution. The absence of significant economic data left traders hesitant to make decisive bets, resulting in the pair...
EUR/JPY/H1 The recent price action on the EUR/JPY pair indicates a strong bearish trend. It is likely that the price will decline by another 140 points, reaching the support level on the daily H1 timeframe chart at 168.720. Once this level is hit,...