NZD/USD H1 chart I am looking at the New Zealand Dollar USD pair on the hourly chart. The pair broke the resistance at 0.60638 and then the Bank of New Zealand spoke here. As the pair moved lower, the Bank of New Zealand cut interest rates, which...
EUR/USD H4 chart Inflation data released for July has added another layer of complexity to the economic outlook. According to Eurostat, the preliminary Harmonised Index of Consumer Prices (HICP) increased by 2.6% year-over-year in July, up from 2.5%...
The currency pair is showing promising signs during EU trading hours on Monday, trading around 1.3201. This positive movement is largely driven by a weaker DXY and growing expectations of a potential interest rate cut by the Federal Reserve (Fed) in...
EUR/GBP price Technical Analysis The EUR/GBP pair keeps slipping in a downward channel. As shown by the decreasing series of peaks and troughs, the pair is in a short-term downtrend; as "the trend is your friend," this biases prices toward more...
NZD/USD H1 chart Today, seller distraction began to appear, where the price had moved negatively in the Asian session. The price that had shifted from Wednesday's daily open of 0.6143 moved down from 0.6158. Sellers who tried to dominate have made...