Logo-color Logo-white

NZD/USD consolidates post-recent losses ahead of US Nonfarm Payrolls data. The pair could surpass 0.6250 to test seven-day EMA at 0.6261. MACD suggests a shift toward bearish market sentiment. NZD/USD moves sideways with a negative bias, hovering around 0.6230 during the early European trading hours on Friday. The technical indicator 14-day Relative Strength Index (RSI) […]

The post NZD/USD Price Analysis: Holds Near 0.6230 Amid Improved Greenback, US NFP Eyed appeared first on Action Forex.

previous

USD/JPY Technical: Countertrend USD Rebound Remains Intact Ahead of US NFP

next

Nasdaq 100 (NQ_F) Looking to do Correction Within Bullish Trend

Read More

03/06/2024

WTT: What To Trade in June

Hey guys! Here comes June, and here, as usual, I share a few interesting trade ideas, and opportunities to capitalize on for profits. Here in this short piece, I present 3 pairs that are currently on my radar for the month of June. Be sure to do your due diligence, and avoid trading into moments […]
20/06/2024

SNB Unexpectedly Lowers Interest Rate from 1.50% to 1.25%

Today, it was announced that the Swiss National Bank (SNB) decided to lower the interest rate to 1.25%. According to ForexFactory, the analyst consensus had expected the rate to remain at 1.50%, making this decision a surprise. According to SNB Chairman Thomas Jordan: → Inflation in Switzerland is decreasing; → In recent weeks, the Swiss […]
19/01/2024

EURCHF Wave Analysis

EURCHF broke resistance level 0.9410 Likely to rise to resistance level 0.9500 EURCHF currency pair recently broke the key resistance level 0.9410 intersecting with the 50% Fibonacci correction of the previous downward impulse from December The breakout of the resistance level 0.9410 accelerated the active short-term ABC correction 4. Given the strong Swiss franc sales […]