Given the NZDUSD's another drop below 50-day SMA level of 0.7315, it can re-test 0.7230 and the 0.7190 supports while USDJPY struggles...
With confusing outcome of New Zealand election giving rise to uncertainty over its next ruling party, the New Zealand Dollar (NZD) started correcting against majority of its counterparts on early Monday. The EURNZD, being no exception, also surged and is presently struggling to clear the short-term descending trend-channel resistance, at...
Except Wednesday, GBPUSD moves have largely been confined in a rectangle formation between 1.3620 & 1.3460. However, the UK PM's speech about details of Brexit might infuse volatility into the pair prices. Given the Theresa May's proposals fail to please global investors, the pair can quickly come down to...
Rising Geo-political tensions might help the USDCHF to extend its latest pullback towards 0.9650 and then to the 0.9610 where immediate ascending...
Although NZDCAD's U-turn from 0.8740 enabled it to meet three-week high, a bit longer descending trend-line resistance, at 0.9070 now, confined the pair's recovery and indicates brighter chances for the quote's pullback to the 0.8915 and the 0.8850 nearby supports. During the pair's additional downside below 0.8850, the 0.8770 and...