The NZD/USD currency pair exhibits bearish tendencies, reflected in the technical analysis that suggests a potential fall of 29 to 43 pips. The pivot point at 0.5608 serves as a significant resistance level, acting as a critical threshold that...
EUR/USD Technical Analysis The EUR/USD market is experiencing a downtrend in the 4-hour time frame. When we analyze the technical structure, we see that the market has established a clear sell structure, which indicates that the downward momentum...
The NZD/USD exchange rate demonstrates a persistent bearish outlook, with expectations of a decline ranging from 29 to 43 pips. The critical pivot point at 0.5608 acts as a key resistance level, marking the boundary between a continuation of the...
Traders are closely monitoring the British pound as market speculation suggests the Bank of England (BoE) could soon reduce interest rates by 25 basis points (bps) to 4.75%. The likelihood of another 25 bps cut has also gained traction, as Reuters...
The NZD/USD pair is currently reflecting a bearish sentiment, with technical analysis indicating a potential decline of 29 to 43 pips. The pivot point at 0.5608 is a critical resistance level that shapes the immediate market outlook. As long as the...
