The NZD/USD pair registered an amazing upwards movement. It has taken out strong resistance levels, so the bias is bullish. Further growth is possible as the Dollar Index is bearish. Alslo, yesterday’s breakout above the former high signaled an upside continuation despite temporary …
USD/MXN New Leg Higher!
The USD/MXN pair moved sideways in the short term right above the 20.342 - 20.326 support zone. Being near a demand zone, personally, I was looking for long opportunities. In the short term, the pair attracted more bullish energy before trying to develop a new leg higher. Fundamentally, the …
GBP/USD Upside Continuation!
GBP/USD dropped after registering only a false breakout above the 1.3598 static resistance and after its failure to stabilize above the 61.8% retracement level. As you already know, the pair rallied on Friday after the Non-Farm Payrolls indicator was reported at 199K far below 426K …
