The NZD/USD currency pair is currently showing bullish characteristics, with an expected upward movement of 31 to 46 pips as long as the support level at 0.5572 holds. The RSI above 70 indicates that the market is likely in an uptrend. However, the...
The NZD/JPY pair appears to be in a consolidation phase, with critical technical levels determining its next move. The pivot point at 87.05 is of particular importance, as it acts as a key support level. If the price rebounds from this point, a rise...
In the given scenario, AUD/USD is expected to rise by 21-41 pips if it trades above the pivot point of 0.6160. The primary strategy for traders would be to go long once the price stays above this level, with targets at 0.6215 and 0.6235. The RSI...
The NZD/USD currency pair exhibits a bullish trend, with a potential rise of 31 to 46 pips, as long as the support at 0.5572 holds. The RSI, trading above 70, suggests that the pair is in a strong uptrend, but it may also indicate an overbought...
Prices of Gold trade on the defensive and reverse four consecutive daily pullbacks in response to extra improvement in the US Dollar as well as investors' reassessement of just one (or none at all) interest rate cut by the Fed for the current year,...
