NZDUSD Analysis - Price Plummets to 0.67140 After Rejection at Resistance Level NZDUSD plummets to the 0.67140 strong demand level after it suffers rejection at the 0.70490 supply zone. Price started at a confluence zone of its down trend line and the 0.65330 demand level. The price pushed …
Price Action Charts in Focus
EUR/JPY Continues Its Bullish Run as It Targets Level 141.00 High
EUR/JPY Long-Term Analysis: BullishEUR/JPY pair is in an uptrend as it targets level 141.00 high. The upward move was made possible as the currency pair broke the resistance at level 137.54. The pair is now trading in the overbought region of the market. Meanwhile, on March 28 uptrend; a retraced …
The RBNZ Governor Ascertains More Tightening to Contain Inflation
The RBNZ Governor, Adrian Orr, stated that the Reserve Bank of New Zealand has taken a firm stance on its tightening policy and expects to raise interest rates for the foreseeable future to keep inflation expectations in check.In an interview on Monday, Orr confirms a deliberate tightening attempt. …
