09 August, 2016 by Aayush Jindal in Market Analysis, NZDUSD, Technical Analysis
NZDUSD - Next Leg Lower Underway For Kiwi Dollar?
The New Zealand dollar after trading above 0.7250 against the US Dollar found sellers and moved down.
The NZDUSD pair during the downside move broke a major bullish trend line formed on the 4-hours chart.
The New Zealand Electronic Card Retail Sales as reported by Statistics New Zealand posted a rise o...
12 July, 2016 by Aayush Jindal in AUDUSD, Market Analysis, Technical Analysis
AUDUSD – Aussie Dollar Defies Gravity, Looks to Trade Higher
The Aussie dollar traded higher recently against the US Dollar, and moved above a couple of important resistance levels.
There is a crucial bullish trend line formed on the hourly chart of the AUDUSD pair, which is providing support.
The National Australia Bank Business Confidence was rele...