Market participants are closely monitoring upcoming economic releases from both the Eurozone and the United States, which could influence EUR/USD’s near-term trajectory. German Retail Sales and the pan-EU Producer Price Index (PPI) inflation data...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. Market prices continue to fall and break through each falling support level, and the market price has now reached historical price increases. The market fell from the price...
AUDUSD H4 Forecast The 4-hour chart of the AUD/USD pair indicates a strong bearish move as the price broke a key uptrend line. This indicates that the previous uptrend is losing steam and sellers are now in control. The price continues to decline,...
AUD USD today technical analysis As of February 28, 2025, the Australian Dollar (AUD) has experienced a notable decline against the U.S. Dollar (USD), with the AUD/USD pair trading near 0.6184, levels reminiscent of the post-pandemic period in...
The situation for risky currencies, including the AUD/USD pair, is evolving, and I believe the current technical picture suggests a bearish outlook. I observe that the AUD/USD pair has been under significant selling pressure over the past four days,...