GBPNZD continues to fall inside the sharp downward correction which started earlier from resistance area located between the key resistance level 2.100 and the upper daily Bollinger Band.
The downward reversal from the aforementioned resistance zone created the daily Japanese candlesticks reversal pattern Evening Star.
GBPNZD is expected to fall further toward the next key support level 2.0420 (low of the earlier correction (ii)).
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
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