The Australian versus the New Zealand dollar currency pair ebbed until the 1.0631 level. Could this level be the one that starts a correction?
Technical analysis of the news events that affect the course of the exchange rates helps traders by complementing the normal fundamental view of the situation. The posts below will be useful to get the understanding of the important exchange rate levels for currency pairs, which can then be used for calculating entry and exit points for trading based off the actual Forex news.
Technical Analysis News Archive
Can the Bears Still Push on AUD/NZD After Reaching 1.0631?
October 28, 2020 at 5:28 Australian Dollar, New Zealand Dollar, Technical Analysis
Bears Testing the 1.3000 Level on GBP/USD
October 27, 2020 at 5:23 Great Britain Pound, Technical Analysis, US Dollar
The Great Britain pound versus the United States dollar currency pair has to make a decision: above or beneath 1.3000?
For How Long Are the Bulls Going to Wait for 0.7320 on AUD/USD?
October 26, 2020 at 5:33 Australian Dollar, Technical Analysis, US Dollar
The Australian versus the United States dollar currency pair is making lower highs, but the bulls may be just around the corner.
104.34 Low on USD/JPY a Double-Edged Sword?
October 23, 2020 at 5:35 Japanese Yen, Technical Analysis, US Dollar
The United States dollar versus the Japanese yen currency pair, at this moment, may very well be treasured by both bulls and bears. However, only one party is to be right.
Chances for Bulls to Validate 1.7285 as Support on GBP/CAD?
October 22, 2020 at 5:28 Canadian Dollar, Great Britain Pound, Technical Analysis
After the rally to 1.7285, would the level cede in front of the bullish momentum or serve as the perfect spot for the bears to short the market at a very good price?
Bulls Searching for Support at 1.0707 on AUD/NZD?
October 21, 2020 at 4:40 Australian Dollar, New Zealand Dollar, Technical Analysis
The Australian versus New Zealand dollar currency pair retraced until the 1.0707 level. Are the bulls able to pull off another rise?
GBP/USD Encountering Bearish Resistance at 1.3000?
October 20, 2020 at 4:23 Great Britain Pound, Technical Analysis, US Dollar
The Great Britain pound versus the United States dollar currency pair seems to limit the bullish efforts. Are the bulls out of steam?
Safety Net at 0.7010 on AUD/USD for the Pressured Bulls?
October 19, 2020 at 4:42 Australian Dollar, Technical Analysis, US Dollar
The Australian versus the US dollar currency pair seems to have a hard time resuming the upward movement. It is the trend approaching the end of its evolution?
USD/JPY Respecting the 105.09 Support?
October 16, 2020 at 4:33 Japanese Yen, Technical Analysis, US Dollar
The United States dollar versus the Japanese yen currency pair seems to be under bullish control.
GBP/CAD Still Wants Above 1.7132
October 15, 2020 at 4:39 Canadian Dollar, Great Britain Pound, Technical Analysis
The Great Britain pound versus the Canadian dollar currency pair seems not to let go of the idea of rising.