The New Zealand dollar (NZD) faced off against the US dollar (USD) within a trading range during Friday's European session. This tug-of-war unfolded despite a backdrop of generally positive sentiment for the NZD. On one hand, the RBNZ is expected to...
The Australian dollar (AUD) took a hit on Friday, falling to 0.6660 against the US dollar (USD) as investors awaited the release of the key US Non-Farm Payrolls (NFP) report. This report is expected to significantly influence market expectations for...
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Technical analysis of the USDCHF pair Daily chart The price started trading this month within sideways price channels, after two months of sideways trading. Before that, the price was in an upward trend for several months, and then the sideways...
First, if the price breaks below the 168.02 level, it indicates that the sellers have gained control, and further decline is expected. This level acts as a critical support, and breaking it suggests that the market sentiment has turned bearish....