News

The New Zealand dollar continues to appreciate against the US dollar. The current NZDUSD exchange rate stands at 0.6131. Investors are eagerly awaiting the Reserve Bank of New Zealand’s next meeting. The RBNZ is expected to keep the current monetary policy structure unchanged for the seventh consecutive time. The interest rate may remain at 5.5% […]

EURUSD, “Euro vs US Dollar” The EURUSD pair is currently in a consolidation phase around 1.0858, with the market extending the range towards 1.0880 today. A decline to 1.0858 (testing from above) is expected. With an upward breakout, the wave might expand to 1.0906, potentially rising to 1.0914. With a downward breakout, a decline towards […]

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has gained a foothold above the indicator’s signal lines. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.2685 is expected, followed by a rise to 1.2855. An additional signal confirming the rise will be a rebound […]

Brent Brent quotes have broken below the 200-day Moving Average on D1, indicating the potential development of a downtrend. However, convergence has formed on the RSI. As a result, in this situation, the price is expected to surpass the 3/8 (84.38) level and rise to the resistance at 4/8 (87.50). The scenario could be cancelled […]

EURUSD, “Euro vs US Dollar” EURUSD is testing the indicator’s signal lines. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0835 is expected, followed by a rise to 1.0975. An additional signal confirming the rise will be a rebound from the lower boundary of […]

EURUSD, “Euro vs US Dollar” EURUSD has formed a Hanging Man reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a corrective wave. The decline target could be the 1.0835 support level. However, the price could rise to 1.0910 and continue its upward momentum without testing […]