The EUR/NZD currency pair is currently under significant bearish pressure, struggling to hold above key support levels while remaining well below the critical pivot point at 1.8475. The technical indicators paint a clear picture of the ongoing...
I observe the current D1 chart for gold (XAUUSD) shows a bullish wave structure building higher. I notice the MACD indicator is rising in the upper buy zone, staying above its signal line, which I interpret as ongoing upward momentum. I recall that...
The EUR/NZD currency pair remains in a strong bearish trend, with price action failing to break above the key resistance level at 1.8475. The technical setup continues to indicate downward pressure, as the RSI remains below the 50 level, reflecting...
The Dollar recovery has struggled to gain momentum as markets increasingly price in the imminent start of the Federal Reserve’s rate-cutting cycle. This shift in expectations has helped limit losses for gold, keeping the yellow metal buoyed despite...
EUR/NZD remains under significant selling pressure, as price action continues to struggle below the 1.8475 resistance level. The technical outlook remains firmly bearish, with the RSI holding below 50, reflecting sustained weakness in the pair....