Today, I would like to examine the daily chart, which suggests that traders from the north are attempting to penetrate their area of control to stimulate activity in the market for this currency pair. The chart indicates that the price has recently...
Technical Analysis for NZD/USD – Head and Shoulders Pattern on the 4-Hour Chart The NZD/USD pair is currently forming a classic Head and Shoulders pattern on the 4-hour timeframe—a well-known and powerful reversal pattern that often signals a shift...
The White House has recently imposed new tariffs on Chinese ships docking at U.S. ports, a move that could disrupt global shipping lanes and escalate trade tensions between the two countries. Despite this, President Trump adopted a more conciliatory...
Forecast of NZDUSD Before this, buyers occasionally drove the price higher, but their strength was insufficient to completely alter the trend. The most recent trend change of the NZDUSD on the daily time frame chart occurred on April 10. Since...
Adding to the downward risks for the New Zealand Dollar is the growing expectation that the Reserve Bank of New Zealand (RBNZ) will implement a cut to its official cash rate (OCR) at its upcoming monetary policy meeting in May. Markets have largely...
