TRADING CHART ON AUD/NZD H1. The value of the AUDNZD currency pair fluctuated in the Asian market this morning when the New Zealand inflation (CPI) data was released. The results showed that inflation decreased to around 0.5% from the previous 0.6%,...
The EUR/USD pair exhibits clear signs of bearish momentum, with market expectations of a 20 to 40-pip decline reflecting the strength of the current trend. The pivotal level of 1.0435 is critical in determining the pair’s trajectory, acting as a...
The NZD/USD pair is currently exhibiting clear signs of bearish pressure, with a projected decline of 27 to 40 pips underscoring the prevailing market sentiment. The pivot point at 0.5682 serves as a critical resistance level, defining the boundary...
The NZD/USD pair is demonstrating bearish momentum, with an anticipated decline of 27 to 40 pips, signifying continued selling pressure. The pivot point at 0.5682 is a critical resistance level, acting as a barrier to any upward movement. As long as...
The value of the British Pound against the Japanese Yen experienced a significant rise, which impacted my trading plan. Previously, I had developed a strategy based on price movements that tended to be stable. However, the price increase, which...