NZD/USD Price Forecast The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, edges slightly higher and trades around 106.50 at the time of writing on Wednesday after not breaking any pots or...
The GOLD H1 chart shows a strong bullish trend that has been in place for an extended period, followed by a period of consolidation and possible reversal signs. The price has moved upwards significantly, forming higher highs and higher lows,...
Strategic Insights: EUR/ JPY Prices The EUR JPY currency pair appears to be still in a bearish/downtrend condition, but we must also anticipate a trend reversal if the price breaks through the resistance area above and also price consolidation. If...
GBP/USD Fundamental Analysis: GBP/USD is trading cautiously today as markets digest key economic data and central bank expectations. I’m keeping a close eye on Bank of England (BoE) Governor Andrew Bailey’s speech later today, which could provide...
Technical analysis of NZDUSD Today I will start technical analysis on NZD/USD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance at 0.5672 and above support...