| After testing a key swing area, NZDUSD bounces back and aims for higher levels. The recent hawkish stance of RBNZ and a retreat from the 61.8% retracement level contribute to bullish sentiment. |
Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.
You Might Also Like
EURUSD dips to key technical support. Weaker Eurozone CPI helps the sellers today
2023-11-30
The EURUSD has fallen to a new session low, testing a swing area and a 38.2% retracement. Eurozone CPI data came in weaker than expected. The price also dropped below its 200-hour moving average for the first time since November 13.
EURUSD weakens as German CPI disappoints, paving the way for EU CPI data tomorrow
2023-11-29
The weaker than expected German preliminary CPI data has led to a softer EURUSD in trading today, setting the stage for the upcoming EU CPI data. A move below key retracement levels could turn buyers into sellers, while holding support may lead to a bullish bias.
Maximize low risk trading opportunities in USDCHF with these expert tips
2023-11-28
Discover how to take advantage of low risk trading opportunities in USDCHF and gain a technical edge in your trades.
Tags: Featured,newsletter
6 pings