Technical analysis of the EURUSD pair The technical analysis on the 4-hour chart shows the beginning of a new downward wave for the pair as the price is now trying to break a strong support area. During this week, the pair price is trading in an...
The NZD/USD currency pair is currently trading at 0.5667, with the Relative Strength Index (RSI) slightly below the 70 level, indicating that the market is exiting the overbought zone but still retains bullish momentum. The price has recently broken...
Technical Analysis: EUR/USD EUR/USD falls sharply to near 1.0420 as the safe-haven appeal of the US Dollar has strengthened in a risk-off environment. The Fed is expected to leave interest rates unchanged, while the ECB is set to cut them by 25 bps,...
#CL/OILUSD #CL! Oil prices continue to decline, despite remaining above the sharp $70 level, but during yesterday’s trading they broke below the rather important 73.81 level, which opens up prospects for continuing the downward movement to reach...
NZDUSD NZDUSD outlook: The NZD/USD pair is currently navigating through a period of economic uncertainty and external pressure, making it a challenging environment for traders. Fundamental Analysis: Labor Market Weakness: New Zealand’s unemployment...