The NZDUSD is approaching its100/200 bar MAs on the 4-hour chart at 0.5935. Key barometer for the pair going forward. |

You Might Also Like

2023-07-18
The EURUSD reaches its S 61.8% retracement of its trading range since 2021

2023-07-14
The price of crude oil is settling down -$1.47 or -1.91%, after finding resistance at a key daily MA on Thursday and ang on Friday. What did that do to to the technical picture going into the new trading week.

2023-07-14

2023-07-13
Join us at ForexLive.com for EUR/USD technical analysis. Currently, the pair sits at 1.1154, having broken upwards from a blue channel visible on the daily time frame – a bullish indication as short sellers and algorithms adjust their positions.
We’re also examining a red channel derived from the low points on the 15th of March and the 31st of May. Extend this channel, and we foresee possible resistance at the 1.122 area.
Remember, this is an orientation for a potential trade and you should look for specific price action at key levels. For further analysis, visit ForexLive.com

2023-07-12
In this analysis, we explore the recent price action of EURUSD, which has surged higher following the release of better-than-expected CPI data.
The pair is currently testing a key swing area between 1.10669 and 1.1075 as it approaches the highs from 2023 at 1.1091 and 1.1095.
Join us as we analyze the significance of these levels and discuss the potential implications for EURUSD’s further upside momentum.

2023-07-06
The GBPUSD buyers made a play earlier, but the ADP changed that idea
Tags: Featured,newsletter