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AUD/NZD gaining upside traction

AUD/NZD declines over recent weeks appear to have been temporarily stalled in the face of a bullish development.

The MACD line is tracing higher lows, when compared to recent sessions. Meanwhile, the meandering of the price structure is carving lower lows, which should give strong indication that we have seen the bottom on this pair for the time being.

Tumble in EUR/CHF volatility

Tumble in EUR/CHF volatility
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GBP/USD: Anemic rise stalls around 1.5160

The sterling bulls gained an upper hand in Asia, but lacked strength to push the GBP/USD pair above 1.5165 levels.
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