EURAUD - 24h expiry
The primary trend remains bullish.
The selloff has posted an exhaustion count on the daily chart.
Preferred trade is to buy on dips.
Setbacks should be limited to yesterday's low.
Bespoke support is located at 1.7500.
We look to Buy at 1.7500 (stop at 1.7440)
Our profit targets will be 1.7740 and 1.7815
Resistance: 1.7600 / 1.7700 /...
The New Zealand dollar is showing limited movement on Tuesday. In the European session, NZD/USD is trading at 0.5970, up 0.05% on the day. With no key events in New Zealand or the US today, we can expect a quiet day for the New Zealand dollar.
New Zealand releases the employment report for the first quarter on Wednesday. The labor market is showing signs of...
NZDUSD - 24h expiry
Indecisive price action has resulted in sideways congestion on the intraday chart.
Momentum is flat, highlighting the lack of clear direction.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.6000 will confirm the bullish momentum.
The measured move target is 0.6075.
We look to Buy at 0.5950 (stop at 0.5900)...
The Australian dollar continues to impress and has posted strong gains on Monday. European session, AUD/USD is trading at 0.6491, up 0.72% on the day and its highest level since early December 2025.
Prime Minister Anthony Albanese cruised to a resounding victory in Saturday's national election. Albanese' centre-left Labor Party increased its majority and thumped...
EURNZD - 24h expiry
Offers ample risk/reward to buy at the market.
Buying posted close to the previous low of 1.8911.
1.8911 has been pivotal.
A Morning Doji Star formation has been posted at the low.
Price action continued to range between key support & resistance (1.9000 - 1.9250) and we expect this to continue.
Daily signals are mildly bullish.
We look...
The euro has posted gains on Friday. In the European session, EUR/USD is trading at 1.1325, up 0.37% on the day. Today's gains follow a three-day slide. US nonfarm payrolls came in at 177 thousand, much stronger than the market estimate of 130 thousand.
Eurozone inflation for April was a surprise on the upside. Headline CPI remained steady at 2.2% y/y, edging...
