Market Analysis: NZDUSD Trends Bearishly Towards the 0.64000 Level NZDUSD (New Zealand Dollar) has enjoyed a sustained bullish trend against the US Dollar (USD) since the outset of May 2024, but recent price action suggests that this trend may be approaching a pivot. Upon reaching the 0.62050 …
Forex Strategies
Dash 2 Trade (D2T/USD): Bulls Trying to Push Back Bearish Pressure
Downtrodden bulls face a critical test as relentless selling pressure breached the previously resilient $0.003 support level. Since the last analysis of D2T/USD, following their intervention around the $0.0029 price level, the bulls have been making efforts to rally the price. The key question …
Central Bank Decisions Take Center Stage
Central bank decisions take center stage. For the FX market, the statements and conclusions of central bank leaders hold immense sway in shaping market trends. The recent address by the Federal Reserve has emerged as a critical focal point, offering invaluable insights into the future trajectory of …
