• NZDUSD reversed from resistance area
• Likely to fall to 0.6600
NZDUSD recently reversed down from the resistance area lying between the resistance level 0.6785 (which also stopped the pair at the start of September) and the upper daily Bollinger Band.
The downward reversal from this resistance area created the daily Japanese candlesticks reversal pattern Shooting Star.
Given the bearish divergence on the daily Stochastic indicator – NZDUSD is likely to fall further toward the next support level 0.6600 (low of the previous Piercing Line candlesticks pattern).
The dollar suffered due to threats to the Fed’s independence. Gold managed to renew its…
Today is Monday, the 12th of January, and once again we will talk about the…
Crypto markets remain volatile; Bitcoin faces selling pressure, XRP slips, Monero surges, and market signals…
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
This website uses cookies