Forecast of NZDUSD Although the primary trend on the daily time frame chart was bearish, the price has been moving in an upward channel for the past several trading days. In this ascending channel, the trend line at the top was above the moving...
The recent surge in safe-haven demand for precious metals, driven by increased risk aversion following new US tariffs, has helped cushion the downside for silver prices. Investors are now awaiting the release of the US Consumer Price Index (CPI)...
Forecast of GBPUSD The GBPUSD price reached an overbought level on the H4 time frame chart, as shown by the RSI indicator. This is what caused the price adjustment on Thursday, and the price fell sharply on Friday of this week, even crossing the...
The EUR/USD pair lost its bullish traction in the latter part of Friday's session, sliding toward the 1.0930 support area as the US Dollar Index (DXY) regained strength, posting fresh short-term highs. This resurgence follows a brief USD selloff...
Forecast of AUDUSD The AUDUSD crossed the moving average lines to the upside and many times to the downside because the price was moving along the lines of the moving average and had been rising and falling in several bullish and bearish waves...
