Is NZDUSD on the Brink of Another Decent Move?

German 40 index strives to exit bearish formation before a widely expected rate cut Short-term risk skewed to the upside, but confirmation signal could come above 18,672 The German 40 index started Thursday’s session on a positive note, aiming to extend its latest upturn above its 20-day simple moving average (SMA) and out of the […]

Markets Friday’s payrolls were better than expected on face value. It caused yields to temporarily jump after already trending higher throughout the day. As markets digested the report, evidence of a labor market cooling emerged. The sharp and contrasting drop in employment measured by the household survey, for one, could be a reason for caution. […]

AUDUSD holds within trading range Prices rise above SMAs RSI indicates more gains AUDUSD is surging after the rebound off the 0.6475 support level, surpassing the simple moving averages (SMAs) and extending its move towards the 0.6633 barrier, which is acting as the upper boundary of a short-term sideways channel. According to technical oscillators, the […]