Sterling today: Pound falls on Middle East tensions; Bailey comments weigh

AUD/USD is attempting a recovery wave from 0.6540. NZD/USD is also correcting losses and might recover further if there is a clear move above the 0.6030 resistance. Important Takeaways for AUD/USD and NZD/USD Analysis Today · The Aussie Dollar found support near 0.6540 and is now recovering against the US Dollar. · There was a…

Is the Kiwi getting tired from its decline? Or are we about to see a continuation of the longer-term downtrend? Here’s a classic reversal chart pattern I’m keeping on my radar in case NZD/JPY tests the neckline soon. NZD/JPY 4-hour Forex Chart by TradingView This yen pair made a couple of failed attempts to break…

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of EURCAD. In which, the rally from 22 November 2024 low is unfolding as an impulse sequence. Therefore, called for an extension higher to take place. We knew that the structure in EURCAD should remain supported & extend higher….

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