NZD/USD jumps to 0.6815 after downbeat US ISM Manufacturing PMI report. Weak factory activity report dents the US Dollar’s appeal. The RBNZ is less likely to...
NZD/USD faces selling pressure above 0.6000 as US Dollar recovers. Fed Kashkari doesn’t see interest rate cuts this year. Investors see the RBNZ reducing interest rates...
Share: EUR/USD has demonstrated a stellar run to near 1.1150 amid an intense sell-off in the USD Index. After a soft US inflation report, hopes for...
Share: GBP/USD is hovering near the edge of the Symmetrical Triangle pattern for a breakout. Economic events such as the US Inflation and the UK employment...
A cheerful market mood has strengthened the Australian Dollar. North-side sloping 20-and 50-EMAs add to the upside filters. The RSI (14) has shifted into the bullish...
The formation of an ascending triangle chart pattern indicates a volatility contraction. The advancing 50-EMA indicates that the upside bias in the short term is still...
A recovery in the risk-on mood has underpinned the Pound Sterling. The Cable is hovering around the downward-sloping trendline of the Descending Triangle pattern. A break...
A successful test of the consolidation breakout will trigger a buying opportunity for the market participants. The 50-EMA is acting as major support for the New...
Test of the descending triangle breakout will provide a buying opportunity at bargain prices. The Fed’s view of policy moderation has infused fresh blood into risk-sensitive...