NZDUSD Daily Time Chart Analysis The NZD/USD pair is currently facing resistance near the medium-term descending trend line. These levels correspond to the 20-day and 50-day simple moving averages (SMAs). This technical barrier acts as a ceiling...
Good morning everyone! The USD/CAD pair is under pressure in the current Asian trading session and the current quote is 1.4256. The pair rebounded from the resistance area of 1.4325, but is also not confidently sold. I do not rule out the return...
GBP/USD Technical Analysis H-4 Chart GBP/USD is firmly above the uptrend line and the 200-period and 100-period simple moving averages (SMAs), reflecting a bullish bias. Moreover, the Relative Strength Index (RSI) indicator on the 4-hour chart...
Riding the Waves: EUR/ USD Prices The EURUSD pair price seems to continue its upward rally, even though last night it fell below the two Moving Average lines after the release of US inflation data (CPI). Currently, the EMA 50 which has crossed the...
EURUSD Technical Analysis EURUSD is currently trading around 1.0427, showing signs of bullish recovery after experiencing a prolonged downtrend. The 150-period moving average (MA) on the daily timeframe remains above the price, confirming the...
