Kiwi tallies a three-day losing streak, end the week on a negative note with the pair stabilizing at 0.6115. NZD/USD outlook continues to skew bearish as […]
Tag: Analysis
EUR/GBP Price Analysis: Moving up to fill the “gap”
EUR/GBP is moving up to a gap in the price charts formed when prices were rapidly selling-off earlier in June. There is a possibility it […]
NZD/JPY Price Analysis: Kiwi gains ground and test the 97.00 level
The Kiwi sees gains against the Yen, approaching the 97.00 resistance point. Daily chart indicators reflect strength, hinting at potential up-move continuation. Resistance looms at […]
GBP/USD Price Analysis: Struggles at 1.2800 and tumbles toward 1.2720s post-NFP
GBP/USD pukes following stellar US NFP data report. The pair trades at around weekly lows, sellers eye 1.2694. Near-term momentum favors sellers, as RSI accelerates […]
USD/CAD Price Analysis: Threatening to break out of triangle price pattern
USD/CAD is attempting to break out of a triangle price pattern and push higher. A decisive breakout would reaffirm 2024’s uptrend and begin a new […]
GBP/USD Price Analysis: Consolidates below strong resistance at around 1.2800
GBP/USD remains firm below 1.2800, unchanged after reaching a daily high of 1.2809. Mixed US jobs data and global rate cuts influence the pair’s current […]
NZD/USD Price Analysis: Tests Bullish Flag breakout region
NZD/USD drops as the US Dollar steadies ahead of US JOLTS Job Openings data. Weak US factory PMI report prompts Fed rate-cut bets. NZD/USD tests […]
EUR/JPY Price Analysis: Cross gains ground with subtle consolidation signs
The daily RSI is pointing upwards, hovering around 70, but continuing red bars in the MACD show a trailing consolidation. On the hourly chart, indicators […]
NZD/USD Price Analysis: Bulls reclaim ground but momentum flattens
The NZD/USD is currently in a consolidation phase following last week’s rally. The pair is building support around the 0.6050-0.6100 area. Indicators are deep in […]