NZD/USD is currently trading near the critical threshold of 0.5628, which serves as a decisive pivot level that could dictate the pair’s short-term trajectory. If price action remains above this level, a recovery towards higher resistance zones is...
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....
The spot price is seeing some support from hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele Bullock, who highlighted the persistently high core inflation levels, ruling out near-term interest rate cuts. These remarks have...
EUR/NZD is trading under persistent selling pressure, with price action confirming the bearish momentum that has been building over recent sessions. The failure to reclaim the 1.8475 pivot level suggests that the pair remains structurally weak,...
The AUD/USD pair is currently at a crucial juncture, hovering around the pivot level of 0.6202. This level acts as a key determinant of short-term price action, where a sustained move above could confirm a rebound, while a failure to hold may...