NZDUSD Moving Toward The Next Support

NZDUSD is moving bearish toward the next support On the Weekly view, NZDUSD is trading below the major resistance zone at 0.6850. This area worked as support previously that has been broken successfully on August 2018. After retesting it several times the pair is again moving bearish. The pair will remain bearish as long as … Read more

Weekly Forcast on EURUSD -Some Recovering

From the last two weeks, EURUSD is moving with a slightly bullish bias and recovering the recent bearish movement. On our Previous analysis, we said that EURUSD is facing an important zone where there are some importance influence levels that can initiate bullish movement. Those influences are a large demand zone along with the support … Read more

Key Levels of NZDUSD ahead of RBNZ Event

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Keep an eye on NZDUSD pair ahead of RBNZ statement and the official cash rate The Key level is 0.6580. Now the pair is trading around the level. Last week the price bounce back from the level. If the price holds the level, then a bullish movement is expected targeting 0.67150. A successful break of … Read more

After a False Breakout, GBPUSD Moving Up.

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[vc_row height=”small” css=”%7B%22default%22%3A%7B%22margin-top%22%3A%22-10px%22%2C%22border-top-width%22%3A%22-10px%22%7D%7D”][vc_column][vc_column_text] GBP/USD break-out was not established, attempted to recover According to The technical view, the pair is moving to nearest Resistance but strong rejection can back it to the range. UK Q1 GDP Event eyed.   GBPUSD Technical Overview- GBPUSD was moving within a range bound condition by maintaining a support area at … Read more

USDCAD Approaching To Recent High

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USDCAD is resuming Bullish movement targeting Recent high. After a consolidating movement from few days, USDCAD is moving bullish. As the larger time frame weekly and monthly the pair is in strong ..

GBPUSD range is becoming smaller

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GBPUSD Expected a Breakout GBPUSD is moving sideways from some days. The trading range is becoming smaller with the maintaining of a falling edge. The main support at 1.2775 and the price will be bullish until the price breaks down this support. The nearer support at 1.2960. If this support will be held then price … Read more

NZDUSD is falling from Support

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After testing the resistance area twice NZDUSD is now falling towards the support at 0.6715. This support is an important zone because if the price can break this support more falling towards 0.6590 will be initiated. But a strong rejection from this zone can move the price again to the upward direction.