NZD/USD H4 MARKET ANALYSIS. The NZDUSD exchange rate appears to be continuing its downward trend, almost reaching the low price level of 0.6101 and the psychological level of 0.6100. If the decline persists, the rate may drop further to the support...
Silver Price Analysis Silver drifts lower for the second straight day and seems vulnerable to decline further. A bearish multiple-tops pattern formation validates the near-term negative outlook. Bears now await a sustained break below $31.00 before...
Fundamental Overview Of AUD/USD On Tuesday, the AUD/USD pair lost money for the fourth straight session. Following the release of the Reserve Bank of Australia (RBA) meeting minutes from November, which did not offer any significant hints about...
Technical analysis of the GBPUSD pair A new price bottom is now being formed on a daily chart, which is higher than the previous bottom that was formed during the previous month. This month, the price began trading within upward price channels that...
the NZD/ USD request as it successfully crossed the 0.6245 zone. New Zealand’s GDP rate came out better than anticipated, furnishing support to the NZD/ USD brace. Dealers who follow a macroeconomic- grounded approach focus on the broader profitable...