The chart provided is an Elliott Wave Forecast for the EUR/NZD currency pair on a 240-minute (4-hour) timeframe. The chart illustrates a bullish sequence based on Elliott Wave theory, indicating potential future price movements. Here is a detailed...
GBP/USD/H4 GBP/USD is again facing limited selling pressure after new data suggested a possible calm in the labor market, which has given investors relief that the Bank of England will begin cutting interest rates later this year and could start...
The GBP/USD currency pair, also known as "Cable," is currently trading around 1.2691, with a noticeable bearish trend. The recent price action suggests a sluggish market, but several factors indicate potential for significant movement in the near...
The economic calendar is packed with news concerning the US dollar, yet it seems unlikely that this will significantly impact the NZD/USD chart activity. Observing the market over a four-hour period, it is evident that there is a confident movement...
Technical Analysis of New Zealand dollar/US dollar NZD was unable to extend its gains during last week's trading as it faced strong resistance at 0.6198, but this resistance was enough to withstand the pressure and force the price lower, which later...