New Zealand Dollar Extends Gains as Services Index Rises

NZDUSD had been in a recovery mode since early August But 200-day SMA rejects advance after dovish RBNZ meeting Oscillators deteriorate, yet remain neutral-to-positive NZDUSD had been steadily regaining ground since the beginning of the month after finding its footing near the previous 2024 low of 0.5851 registered in April. However, the rebound paused at the 200-day […]

Key Highlights GBP/USD started a decent increase above the 1.2800 resistance. A major bullish trend line is forming with support at 1.2790 on the 4-hour chart. Gold prices could accelerate further higher above the $2,180 resistance zone. Bitcoin price seems to be setting up for more upsides above $73,000. GBP/USD Technical Analysis The British Pound […]

Market picture The crypto market continues to avoid gaining momentum on the upside but remains within an uptrend: the bulls fail to accelerate price gains, but the overall upward trend remains. ‘Extreme Greed’ persists in the markets, with the corresponding index at 79. In contrast, the sentiment in the stock markets is almost ‘Neutral’. Bitcoin […]