The GBP/NZD pair is showing a clear technical setup where the pivot point at 2.1707 will play a crucial role in determining future price movements. The preferred scenario suggests a slight decline towards 2.1707 before the price potentially bounces...
The GBP/NZD pair is currently testing the key level of 2.1707, with the potential for a bounce if the price drops towards this level. The preference is for the price to find support at 2.1707, which could lead to an upward movement in the range of...
The GBP/NZD currency pair is at a critical juncture with the pivot point at 2.1707. Traders are expecting a drop towards this level, followed by a possible bounce if support is found at 2.1707. The RSI is currently above the neutrality level at 50,...
On Wednesday, the NZD/USD pair gained 0.30%, reaching 0.5615 after moving above its 20-day Simple Moving Average (SMA). This marginal increase could be a crucial turning point for the currency pair, suggesting that the market may be shifting from...
Despite the earlier move above the 1.0300 barrier, EUR/USD’s daily uptick ran out of steam and slipped back to the 1.0280-1.0290 band amid the marginal retracement in the US Dollar.EUR/USD remains vulnerable, with key support levels at 1.0176 (YTD...
