RBNZ Set to Continue Easing This Week; NZD/USD Eyeing Resistance
Following the RBNZ cutting its Official Cash Rate (OCR) by 50 basis points (bps) in November 2024, economists and investors expect another bumper 50 bp...
Tag : Resistance
FX Watch: AUD/JPY And AUD/CAD Resistance Setups If RBA Turns Dovish
Our Event Guide for the RBA’s February decision notes that leading indicators and the Bank’s dovish guidance in December could lead to a 25bps rate...
AUDUSD Technical Analysis – We are testing a key resistance
Fundamental Overview Yesterday, the US PPI report came in higher than expected but the focus was on the details that feed into the Core PCE...
EUR/CHF Forecast Today 14/02: Faces Resistance (Video)
Created on February 14, 2025 The Euro has initially tried to rally a bit against the Swiss Franc, but it continues to find trouble near...
GBP/USD Forecast Today 14/02: Faces Resistance (Chart)
Created on February 14, 2025 During the trading session on Thursday, we have seen the British pound rallied quite significantly, but at this point in...
Silver Forecast Today 13/02: Fighting Same Resistance -Video
Created on February 13, 2025 Silver experienced an initial drop during the trading session but managed to reverse course with notable strength. The market seems...
USD/MYR Analysis Today 13/02: Faces Resistance (Chart)
Created on February 13, 2025 The USD/MYR has come off its near-term highs seen on Monday when the 4.4750 ratio was challenged and yesterday’s re-test,...
USDJPY hits resistance at key level; 50% midpoint at swing area
The USDJPY stretched to a swing high of 154.79. Earlier today in a post, I wrote: The next key target lies in the 154.77–154.967 zone,...
GBP/JPY Forecast Today 12/02: Tests Key Resistance (Video)
Created on February 12, 2025 Taking a look at the British pound against the Japanese yen the British pound has initially pulled back just a...
CAD/CHF Forex Today 12/02: Tests Key Resistance (Chart)
Created on February 12, 2025 Potential signal: At this point in time, I’m waiting to see if the market breaks above the 0.64 level. If...