Key Highlights NZD/USD is gaining bearish momentum below the 0.6120 support. A major bearish trend line is forming with resistance near 0.6140 on the 4-hour chart. EUR/USD is moving lower below the 1.0920 support level. The USD ISM Services Index could decline from 53.9 to 53.0 in July 2023. NZD/USD Technical Analysis The New Zealand […]
The post NZD/USD Settles Below Key Support, More Losses Ahead? appeared first on Action Forex.
Retail sales fell 0.1% in the September quarter, a smaller drop than we expected. Retail spending remains soft, but is likely to firm over the coming months. September quarter retail sales (volume of good sold): Read more…
Key Highlights EUR/USD started another decline and traded below the 1.0500 support. A major bearish trend line is forming with resistance at 1.0485 on the 4-hour chart. Bitcoin rallied further and traded close to the Read more…
GBPUSD broke support zone Likely to fall to support level 1.2465 GBPUSD currency pair recently broke the support zone located between the support level 1.2620 (former monthly low from June) and the support trendline of Read more…