Tag: Resistance levels
NZD/JPY Price Analysis: Bearish Momentum Persists
The NZD/JPY pair continues to show a bearish trend, breaking through important support levels with consistent negative movements. The possibility of a turnaround depends...
USD/CAD Forecast: Bullish Impulse Signals Breakout Opportunity
USDCAD has been on the rise since the Bank of Canada reduced rates by 25 basis points last week. Currently, the price is testing...
NZD/USD Price Analysis: Bears Pause with Clear Dominance
In the trading world, the NZD/USD pair has shown some signs of a slight rebound recently, settling near the 0.5900 mark after facing a...
EUR/USD Daily Forecast: Expert Analysis and Predictions for Forex Traders
The EUR/USD pair is currently experiencing a slight downward trend, with the intraday bias leaning towards the downside. Analysts predict that the fall from...
USDJPY Technical Analysis: Key Breakout Boosts Bearish Momentum
The USDJPY pair continues to show bearish momentum as the USD remains weak due to resilient US growth and falling inflation. Despite concerns about...
AUDUSD Forecast: Pair Rebounds from Key Support | Forexlive
The US Dollar continues to face pressure as recent data shows strong growth alongside decreasing inflation. A positive US Retail Sales report indicates that...
AUDUSD Price Action: Target Level Hit, Sellers Step In – Forex Analysis
The AUDUSD has been fluctuating throughout the day following an upward trend from last week. Today's upward movement reached a new high dating back...
USDCHF Technical Analysis: Approaching Key Resistance Level
The US dollar continues to be supported by strong economic data, such as the recent US PMIs and Consumer Confidence report. This data helps...
EUR/USD Forecast: Clearing 1.0760 Barrier Essential for Stronger Correction
The EUR/USD pair saw a bounce on Monday as traders took profits from the previous week's fall. Despite weaker than expected German Ifo data,...
NZD/USD Price Analysis: Bearish Outlook as Bulls Face Resistance
The New Zealand Dollar (NZD) versus the US Dollar (USD) pair experienced a three-day losing streak, closing the week on a negative note with...