NZD/USD pair traded volatile during Friday’s session, clearing all of its daily gains. Pair initially soared to a high around 0.5970 near the 20-day SMA […]
Tag: Analysis
EUR/GBP Price Analysis: Bearish respite, indicators remain negative
EUR/GBP rose by 0.14% to 0.8320 in Thursday’s trading session. Bears took a breather after recent declines but technical indicators remain deeply negative. RSI signals […]
EUR/GBP Price Analysis: Consolidation on as the pair awaits directional cues
The EUR/GBP cross faced rejection at the crucial 100-day SMA last week, signaling a potential shift in trend. The cross might sideways within a range […]
EUR/GBP Price Analysis: Aiming higher with bulls recovering but with more work to do
The EUR/GBP currency pair continues to trade sideways between the 20 and 100-day SMA . RSI indicates recovering buying pressure and the MACD is green. Sellers […]
EUR/GBP Price Analysis: Sellers hit the gas and take further ground
EUR/GBP weakens further, and buying pressure continues to retreat. The RSI is moving dangerously near the oversold threshold. The 0.8380 presents a strong barrier against […]
NZD/JPY Price Analysis: Sideways consolidation persists, bears to stay cautious
NZD/JPY gained ground on Friday’s session, mildly to 89.95. The RSI holds near neutral territory, indicating a balance between buying and selling forces. The MACD […]
NZD/JPY Price Analysis: Bulls regain some ground, must conquer the 20-day SMA
NZD/JPY mildly rose to 89.30, testing the 20-day SMA. The RSI is near 50 while the MACD shows flat green bars, signaling that the momentum […]
NZD/USD Price Analysis: Pair gets a boost and reclaims the 100-day SMA
NZD/USD resumes gains and sees more than 1% gains, rising to 0.6050. Rising green bars on the MACD and RSI around 55 indicate increasing bullish momentum. […]
NZD/USD Price Analysis: Bullish momentum gains traction, 0.6040 eyed
NZD/USD rises above 0.6000, with bullish momentum increasing. RSI rises above 50, and MACD shows increasing bullish momentum. 0.6040 (200-day SMA) resistance in focus, a […]
AUD/JPY Price Analysis: Bearish bias subdued, indicators hint at consolidation phase
The AUD/JPY pair declined to 96.45 on Friday resuming the losses after three sessions with gains. However, technical indicators suggest a shift towards neutral territory, […]