Technical analysis of GBPAUD Today we will do a technical analysis by looking at the chart of GBP/AUD. The market is currently between its support level of 2.0235 and resistance level of 2.0445. Currently, the market is close to its support level,...
NZDUSD currency pair - D1 chart. After the last growth wave updated the previous maximum, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it. It is only needed to detect divergence,...
Technical Analysis of EUR/USD The EUR/USD pair closed the trading session at 1.03741, reflecting a cautious market sentiment amid ongoing macroeconomic uncertainties. The pair has been trading within a defined range, with key resistance at 1.04074...
NZDUSD Analysis The NZD/USD intraday chart shows a decline, with the price moving downwards. The market has formed lower and lower highs in line with the downtrend. Prices have been range-bound recently, but have now fallen below the support level,...
Market Fundamentalsata released by the Bank of Japan reveals that the Services Producer Price Index (PPI) increased by 2.9% year-on-year (YoY), up from 2.6% in the previous month. This rise follows last week’s stronger consumer inflation data from...
