Category Archives: FXinsider

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EUR/USD Technical Analysis: bearish trend remains intact

EUR/USD is trading below its 50-period simple moving average on the weekly chart.  The RSI, Stochastics and MACD indicators are all bearishly configured suggesting an extension of the bear trend. The EUR/USD is in a strong bear leg. It is currently trading in the 1.1670

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NZD/USD capped at 0.6940, bearish head-and-shoulder in the making

NZD supported by the jump in gold. The dismal geopolitical picture is prompting precious metal bulls to rush to gold in a flight to safe-haven assets. The US Dollar remains strong as investors expect a rate hike at the next Federal Reserve Bank meeting in June.  The kiwi is