Market Analysis: AUD/USD Rallies Toward 0.7000, NZD/USD Follows Suit

USDJPY reversed from multi-year resistance level 151.357 Likely to fall to support level 146.90 USDJPY currency pair recently reversed up from the powerful multi-year resistance level 151.357 (former monthly high from 2022), standing close to the upper weekly Bollinger Band. The downward reversal from the resistance level 151.357 stopped the previous minor corrective wave 2 […]

Looking at recent moves in major currency pairs, it’s clear that market participants have come to terms with Donald Trump’s victory in the U.S. presidential election and are starting to prepare for changes to the global economic landscape. Among the new president’s campaign promises was the introduction of additional tariffs on imports to the U.S. […]

EURUSD dived beneath medium-term uptrend line Remains well below 200-day SMA Momentum oscillators extend bearish bias EURUSD tumbled beneath the medium-term ascending trend line, meeting a fresh almost three-month low below the 1.0800 round number. The pair lost 3.8% from the pullback at the 1.1215 resistance level, with the technical oscillators extending their negative momentum. […]