Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The market price is currently between the resistance level at 0.5679 and the support level at 0.5592. Now that the market price has broken the support level and closed...
The NZD/USD currency pair is currently hovering around the critical pivot point at 0.5628, a level that serves as a key determinant of future price direction. If the pair manages to hold above this level, a rebound scenario is likely, with an...
Gold price trimmed intraday losses and recovered above the $2,750 mark after the Fed decided to keep the benchmark interest rate unchanged. Confident Chair Powell's words put near-term pressure on the US Dollar. From a technical point of view, the...
US Air Force General C.Q. Brown, chairman of the Joint Chiefs of Staff, stated that concerns over a near-term, full-scale Middle East conflict have diminished following limited exchanges of fire between Israel and Hezbollah in Lebanon without...
NZD/USD has demonstrated resilience in maintaining its position above the pivot level of 0.5628, indicating that buyers are attempting to regain control. If this support holds, a rebound scenario is expected, with the potential for gains between 34...