Logo-color Logo-white

EURNZD reversed from support level 1.7530 Likely to rise to resistance level 1.7800 EURNZD recently reversed up from the strong support level 1.7530, which has been steadily reversing the pair from the middle of January. The support level 1.7530 was strengthened by the lower daily Bollinger Band. Given the strength of the support level 0.9420 […]

The post EURNZD Wave Analysis appeared first on Action Forex.

previous

GBPCHF Wave Analysis

next

EUR/USD Takes Hit And At Risk of More Downsides

Read More

06/12/2023

Technical Outlook and Review

DXY: The DXY (US Dollar Index) chart currently has a bearish overall momentum, and there’s potential for a bearish continuation towards the 1st support level. The 1st support at 103.72 is categorized as a pullback support, suggesting that it could be a significant level where buying interest may emerge, potentially providing support for the DXY. […]
19/06/2024

Inflation in UK Hit BoE 2% Inflation Goal

Nvidia finally stole the title of the world’s most valuable company from Microsoft and Apple yesterday following a beautiful 3.5% rally that propelled the share price past $135 a share. The catalyst was just a bullish call from an analyst at Rosenblatt Securities who revised his PT up to $200 from $140 and said that […]
05/07/2024

Natural Gas Wave Analysis

Natural gas under the bearish pressure Likely to fall to support level 2.200 Natural gas is under bearish pressure after the earlier breakout of the key support level 2.600 (which stopped the previous medium-term ABC correction (4) from the end of May). The breakout of the support level 2.600 coincided with the breakout of the […]