EURUSD Analysis - Buyers Are Gaining Resilience EURUSD looks to recover strength. The price is currently showing signs of a potential recovery in strength. While sellers are still present, the focus remains on the crucial 1.08500 area. If buyers can strengthen their position, it could present an …
AUDUSD Struggles to Gain Traction Amidst the PBoC Rate Cut
AUDUSD struggles to gain traction amidst the PBoC rate cut and hawkish Fed expectations. The pair is currently facing challenges while gaining momentum. This has resulted in it remaining within a narrow range around the 0.6400 key level. Despite the recent 10 basis point rate cut by the People's …
NZDUSD Sellers Retreat as Price Nears $0.58400 Demand Zone
NZDUSD Analysis: Sellers Exit the Market as Price Approaches $0.58400 Demand Zone NZDUSD sellers exit the market as the price approaches the $0.58400 demand zone. Since the $0.65380 high formed on February 2, 2023, NZDUSD has been declining in fractals. However, the RSI has never crossed below the …
