Monthly archive September, 2017

Key Points

• The New Zealand Dollar after trading as low as 0.7132 against the US Dollar started a recovery.
• The NZDUSD pair is currently attempting an upside break above a bearish trend line with resistance near 0.7170 on the hourly Read More →

The yen climbed higher against the US dollar on Monday, as forex investors cut their exposure to riskier assets following North Korea’s most powerful nuclear test conducted so far.

USD/JPY gapped lower and fell to as low as 109.22 Read More →

Key Points

• There was a decent rise in Gold price above $1315 against the US Dollar.
• There is a major contracting and ascending triangle pattern with resistance near $1328 forming on the hourly chart.
• Recently in the US, the nonfarm Read More →