NZDUSD has become volatile, but the bulls are still holding the bullish bias above 0.7100 to 0.7120 area. NZDUSD volatility increased.
USDJPY bulls have regained momentum after bouncing from 104.50 to 104.70 support area. USDJPY is facing resistance around 105.60 to 105.78.
AUDUSD broke over 0.7740 to 0.7750 resistance level last on last week's Friday with a daily bullish pin bar. AUDUSD climbed over.
Though many factors impact the valuation of a currency, one crucial aspect to focus on is the country's interest rates. With all things being equal, foreign-exchange traders must concentrate on interest rates more than anything else.
NZDUSD has become corrective after rejecting 0.7310 to 0.7300 psychological key level. NZDUSD volatility increased below.
USDJPY nose dive below 105.25 to 105.17 support area after rejecting November 2020's high. USDJPY bears regained momentum.
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There are many possible pieces of the puzzle that traders put together to generate money in trading. And without a doubt, the most important general area is going to be money management.
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AUDUSD has become impulsive and non-volatile after bouncing from 0.7580 to 0.7600 support area. AUDUSD strikes above.