NZD/USD Vulnerable Following RBNZ as RSI Establishes Downward Trend
NZD/USD may exhibit a more bearish behavior over the coming days as the Relative Strength Index (RSI) establishes a downward trend in August.
Read More »Forexlive Americas FX news wrap: Retail Sales show some strength but its still about the unknown ahead
Forex news for North American trading on August 14, 2020 . In other markets: – Spot gold is down $8.90 or 0.46% $1944.86 – Spot silver is down $1.02 or 3.73%…
Read More »USA credit rating outlook revised to negative from stable by Fitch
Bold move by the rating agency The rating was affirmed at AAA but lowered to negative from stable. That’s how you get yourself a lawsuit. What Fitch had to say:
Read More »EBITDA Explained: What it is and why it Matters
EBITDA is an acronym for earnings before interest, taxes, depreciation, and amortization. Similar to other metrics such as net income, earnings, and revenue, it is used to measure the financial…
Read More »NZD/USD Technical Analysis Outlook Warns of RSI Divergence
NZD/USD tags a fresh monthly high (0.6703) going into the end of July, but the RSI appears to be deviating with price as it struggles to push into overbought territory.
Read More »AUD/USD Outlook: RSI Flirts with Overbought Zone Ahead of Australia CPI
The Relative Strength Index (RSI) may offer a bullish signal for AUD/USD as the indicator flirts with overbought territory.
Read More »Australian finance minister: Backdrop of an economic and fiscal outlook remains highly uncertain
The finance minister, Mathias Cormann, is talking in Canberra. He has stated that there are fiscal supports that the Australian government has put in
Read More »NEXT TRADING STRATEGY IN USD JPY
USD JPY is trading sideways since 1st July after touching high near 108.00 , no meaningful downside is witnessed since then. It is right that forex market is passing through…
Read More »Simple Moving Average: How to Calculate and Day Trade with It
Moving averages are among the most common types of technical indicators in the financial market. If you watch financial media like CNBC and Bloomberg regularly, you must have heard about…
Read More »Gold Price Prediction: XAU/USD rising wedge pattern breakdown looms
After gold prices hit an eight-year high on Wednesday this week, consolidation took over. Investors saw the US dollar gain traction following the maje
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