The Pound Sterling (GBP) staged a strong rebound against major counterparts on Friday following the release of surprisingly upbeat UK Retail Sales data for March. According to the Office for National Statistics (ONS), retail sales rose by 0.4%...
Technical analysis of Crude oil Choose crude oil for technical analysis today, The price of crude oil is rising rapidly. The trendline that helped its price fall for several days has now been broken. The market price coincides fairly well with the...
The NZD/USD pair remains under pressure around the 0.5985 mark during Friday’s Asian session, weighed down by a strengthening US Dollar. Ongoing uncertainty surrounding US-China trade negotiations continues to act as a headwind for the Kiwi, often...
AUD/USD Technology Outlook D-1 Chart On Friday, after testing the local resistance level from the bottom up on the Australian dollar, which according to my markings is located at 0.64086, the price was reversed and hesitantly pushed to the south, as...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis and the market price is bearish, which helps keep costs down. At this point, after the market price calls for a break below the 50-day simple moving average and above the...