New Zealand Dollar rises broadly after more hawkish than expected RBNZ policy decision. NZD/USD is extending the rebound from 0.6528 short term bottom. Further rise is now expected as long as 0.6679 minor support holds, to 0.6889 resistance next. It’s still too early to conclude that NZD/USD’s down trend from 0.7463 has completed. Rejection by […]
The post NZD/USD extends rebound after RBNZ, AUD/NZD dips appeared first on Action Forex.
AUD/JPY is setting up for a potential upside breakout toward 120 psychological level, with the next move likely to be decided by a high-stakes combination of BoJ policy and Australian inflation data. Today’s bounce suggests Read more…
Despite the cancellation of a second round of US–Iran talks, crude oil prices showed little urgency to push higher, with Brent holding near $106 and WTI anchored around $98. In earlier phases of the conflict, Read more…
Key Highlights EUR/USD corrected gains and tested the 1.1665 support. A bullish trend line is forming with support at 1.1690 on the 4-hour chart. GBP/USD could continue to move higher toward the 1.3620 resistance. Gold Read more…