NZD/USD may test the upper boundary of the descending channel near the nine-day EMA at 0.5961 level. The nine-day EMA staying below the 14-day EMA indicates persistent weakness in short-term price momentum. The pair may...

NZD/USD depreciates as the US Dollar receives support from Trump’s potential fiscal policies. The NZD struggles as the Trump administration may impose a 60% tariff on imports from China. Trump’s proposed fiscal policies could lead...

Barring a break above 1.0660, EUR could decline further to 1.0585 before stabilisation can be expected. In the longer run, downward momentum remains strong; the focus is on 1.0555. The next technical objective below 1.0555...

Sharp pullback appears to be overextended; instead of continuing to weaken, the US Dollar (USD) is likely to trade in a range of 152.50/153.85. In the longer run, upward momentum has slowed sharply and quickly;...

GBP/USD remains steady after mixed GDP and industrial data released from the United Kingdom. UK GDP expanded by 1.0% in the third quarter, surpassing the 0.7% growth recorded in Q2. The monthly UK Industrial and...