Chart Art: NZD/CAD Near Range Support as Downtrend Pressures Build
NZD/CAD is closing in on a major long-term support zone! Will buyers step in and keep the pair supported at the level?
NZD/CAD is closing in on a major long-term support zone! Will buyers step in and keep the pair supported at the level?
The USDCAD moved lower yesterday, but the price action was more about consolidation than conviction, with the pair trading above and below its 100-hour moving average (currently at 1.3916) and settling into a sideways range. That pause has been important technically, as it has allowed the 200-hour moving average (now at 1.3904) to catch up to price—and today, that…
Federal Reserve Bank of New York President John Williams told Bloomberg on Tuesday that the impact of the Iran war will drive up headline inflation. Key takeaways “Inflation this year should be around 2.75%.” “Fed is very focused on underlying inflation.” “Story on core inflation hasn’t changed very much.” “Tariffs remain a big part of the inflation story.” “Monetary…
2026.04.07 2026.04.07 Yen Reels on Geopolitical Turmoil. Forecast as 07.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The conflict in the Middle East is pushing Japan’s economy toward stagflation and prompting foreign investors to sell Japanese stocks and bonds. The government is trying to counter the rise in the USD/JPY pair. Will it work? Let’s discuss this topic and make a trading plan. The article…
The U.S. economy keeps expanding on paper, but the latest ISM reports are quietly sending some unsettling signals underneath.
We already got a sense of that with the stronger verbal intervention last week, before some market optimism helped to keep further dollar strength in check. But as the volatility swings continue and the Middle East conflict drags on, the risks continue to stay heightened for the dollar to gain and for the yen to stumble even more. Nomura…
Brown Brothers Harriman’s (BBH) Elias Haddad highlights a busy US data calendar for the Dollar, with February PCE, March CPI and the University of Michigan survey guiding inflation expectations. The bank argues that if energy-driven price gains do not spill over, the Fed can look through the Oil shock, while FOMC minutes will clarify how high the bar is…
2026.04.07 2026.04.07 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.04.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price may decline in ending diagonal . Consider short positions with a Take Profit at 62,315.10. XRPUSD: A decline within…
NZD/JPY is in correction mode, with geopolitical developments and an upcoming RBNZ decision possibly setting direction.
There are just a couple of expiries to take note of on the day, as highlighted in bold below. They are for EUR/USD at the 1.1500 and 1.1525 levels. They don’t tie to any technical significance but could play some role in terms of limiting price action in the session ahead, depending on the market mood. For now, risk…