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....
NZD/USD Weekly Forecast Have a successful weekend guys! The last week was not too good for the buyers of NZD/USD. Because they lost their value consistently. And, reached around the support zone of 0.6104. So, we can say that the sellers won the...
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USD/CAD Technical Analysis Even though the blue channel line has been rising above the monthly level of 1.3765, it is essential to note that both provide resistance for the price from the current level in line with the higher blue channel line. With...
The trend for the NZD-USD market pair appears to deviate from last week's trend. Although there's a stable direction in the candlestick's aim, there's a slight downward correction. While a bullish market situation is evident at week's end, prices...