NZDUSD declines sharply within descending channel Drops to its lowest since November before paring some losses Oscillators are deep in their negative territories NZDUSD has been in an aggressive downtrend since its double rejection at the 0.6217 region in early March. Although the pair posted a fresh five-month bottom of 0.5851 last week, it seems that […]
S&P 500 index reversed from resistance level 4800 Likely to fall to support level 4600.00 S&P 500 index recently reversed down from the major long-term resistance level 4800.00 (which stopped the sharp weekly uptrend at the end of 2021). The resistance level 4800.00 was strengthened by the upper daily and weekly Bollinger Bands. Given the […]
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