NZD/USD TECHNICAL ANALYSIS: On the NZD/USD H1 time frame. The recent price movements have been quite telling, and we're seeing the market react to critical resistance levels. Most notably, the NZD/USD pair experienced a slight decline after failing...
USD/CAD Price Forecast The US Dollar (USD) continues to gather strength against its rivals for the fourth consecutive day on Thursday as market focus shifts to the next set of macroeconomic data releases from the US. The US Department of Labor will...
Today it turns out that there are many high impact news released which seems like it will make the market more crowded. The NZD/USD currency pair experienced a slight decline after the candle failed to penetrate the resistance at a price of 0.6163....
THE CURRENCY PAIR AUD-USD The wave structure is built in an ascending order; the MACD indicator is in the upper purchase zone. However, purchases are not relevant now; a reversal and decline are expected in the near future. This is indicated by the...
The USD/CAD pair extended its gains for the second consecutive day, reaching approximately 1.3530 during the European trading session on Thursday. A technical analysis of the daily chart indicated a consolidation within an ascending channel pattern,...