GBP/USD remains under bearish pressure, with multiple technical indicators reinforcing the probability of further declines. The Relative Strength Index (RSI) is currently below the neutral 50 level, which indicates that bullish momentum is weak and...
US dollar apartment with markets confused what to do with the release of NFP. The unemployment rate, which becomes strong at 4.0%, limits the chances of more cuts in feeding than it is currently. The US dollar index (DXY) is trying to go back to...
NZD/USD Price Movement Insight The chart we are analyzing represents the NZD/USD currency pair on an H4 timeframe, which illustrates price movements every four hours. By utilizing moving averages (indicated by yellow lines) and the MACD (Moving...
The New Zealand Dollar (NZD) is showing signs of potential upward movement, though any significant advance is likely to face resistance. In the short term, the NZD has a chance to edge higher, but it is unlikely to break above the key level of...
The NZD/USD currency pair continues to exhibit strong bearish tendencies, with multiple technical indicators reinforcing the probability of further downside movement. The key resistance level at 0.5679 remains a formidable barrier, preventing any...