Tag: Support levels
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...
AUDCAD Forecast: Bullish Momentum Continues – Action Forex
AUDCAD saw a strong rebound on Tuesday, surpassing the key resistance level of 0.9125. The pair is currently trading above a previous upward channel...
NZD/USD Price Analysis: Bulls Battle as Consolidation Intensifies
The NZD/USD pair has been stabilizing near the 20-day Simple Moving Average (SMA) of 0.6140 after a dip to a low of 0.6115. Bulls...