NZD/USD could challenge the upper trendline of the rectangle at 0.5780, followed by the three-month high of 0.5794. The bearish rectangle pattern indicates a potential…
The US Dollar Index may test its primary support at the four-month low of 103.34. The 14-day RSI remains below 30, indicating oversold conditions and…
Created on March 12, 2025 The US dollar initially pulled back just a bit against the Canadian dollar during the trading session on Tuesday but…
Created on March 10, 2025 You can see that the Canadian dollar plunged during the trading session on Friday against the Japanese yen, which makes…
AUD/JPY tests the psychological support level at 93.00. The 14-day RSI remains above the 30 mark, reinforcing the prevailing bearish bias. The pair could test the…
USD/JPY could aim for initial support at the five-month low of 148.10. The pair continues to decline within a descending channel, reinforcing a confirmed bearish…
Created on February 27, 2025 During the trading session on Wednesday, we have seen the British pound initially fallen against the US dollar but then…
The GBP/USD pair could target the nine-day EMA support at 1.2613. The 14-day RSI remains above the 50 level, indicating sustained bullish momentum. The initial…
Created on February 21, 2025 During the trading session on Thursday, we have seen the Euro rallied quite significantly against the US dollar, as it…
The US Dollar Index may find immediate support at the descending channel’s lower boundary at 106.10. The 14-day RSI remains below 50, reinforcing bearish bias.…