NZD/USD Analysis: Bearish Trend Continues Current Market Overview The NZD/USD currency pair has recently broken the strong support level at 0.5679, indicating a significant bearish trend in the market. Currently, the price is trading below the 50...
As Canada remains the largest oil exporter to the United States, the recent stability of West Texas Intermediate (WTI) crude oil prices, hovering around $69.90 per barrel, helps mitigate further losses for the Loonie. However, traders are closely...
Market Analysis of NZDUSD - February 19, 2025 Today, we will analyze the NZDUSD currency pair, focusing on various indicators such as Simple Moving Average (SMA) and the MACD indicator. This analysis aims to provide insights into the market...
NZD/USD Market Analysis and Trading Strategy Current Market Overview The NZD/USD market is currently exhibiting a bullish trend on the 4-hour timeframe. However, it has faced resistance at the 0.5726 price zone. In recent days, there has been no...
EUR/USD Analysis: Bearish Sentiment Prevails Overview Good afternoon. The EUR/USD currency pair concluded the previous week with a bearish candlestick. This development, particularly in light of a recent rebound from the resistance zone, suggests a...
