The EUR/GBP currency pair continues to trade sideways between the 20 and 100-day SMA . RSI indicates recovering buying pressure and the MACD is green. Sellers […]
Tag: Analysis
EUR/GBP Price Analysis: Sellers hit the gas and take further ground
EUR/GBP weakens further, and buying pressure continues to retreat. The RSI is moving dangerously near the oversold threshold. The 0.8380 presents a strong barrier against […]
NZD/JPY Price Analysis: Sideways consolidation persists, bears to stay cautious
NZD/JPY gained ground on Friday’s session, mildly to 89.95. The RSI holds near neutral territory, indicating a balance between buying and selling forces. The MACD […]
NZD/JPY Price Analysis: Bulls regain some ground, must conquer the 20-day SMA
NZD/JPY mildly rose to 89.30, testing the 20-day SMA. The RSI is near 50 while the MACD shows flat green bars, signaling that the momentum […]
NZD/USD Price Analysis: Pair gets a boost and reclaims the 100-day SMA
NZD/USD resumes gains and sees more than 1% gains, rising to 0.6050. Rising green bars on the MACD and RSI around 55 indicate increasing bullish momentum. […]
NZD/USD Price Analysis: Bullish momentum gains traction, 0.6040 eyed
NZD/USD rises above 0.6000, with bullish momentum increasing. RSI rises above 50, and MACD shows increasing bullish momentum. 0.6040 (200-day SMA) resistance in focus, a […]
AUD/JPY Price Analysis: Bearish bias subdued, indicators hint at consolidation phase
The AUD/JPY pair declined to 96.45 on Friday resuming the losses after three sessions with gains. However, technical indicators suggest a shift towards neutral territory, […]
NZD/JPY Price Analysis: Cross consolidates near 88.00
NZD/JPY moves sideways after a three-day winning streak, and mixed technical signals emerge. The RSI remains near the oversold area despite rising, and the MACD […]
GBP/USD Price Analysis: Rises above 1.2800 amid weak US data fueling rate cut hopes
GBP/USD rallies from daily low of 1.2707 to trade above the 1.2800 mark. Key resistance levels reclaimed: 50-DMA at 1.2787 and 1.2800 mark; next targets […]
NZD/USD Price Analysis: Bears take a breather, yet maintain a clear domination
NZD/USD slightly rebounds, hovering near the 0.5900 mark, but remains under a clear bearish influence. The pair lost more than 4% in July, underscoring a […]