NZD/USD has entered a critical phase, with its price movements largely dictated by the key pivot level of 0.5628. If this level holds, a rebound scenario is expected, with the potential for gains ranging from 34 to 48 pips. The technical landscape...
The spot price is seeing some support from hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele Bullock, who highlighted the persistently high core inflation levels, ruling out near-term interest rate cuts. These remarks have...
The (EUR/USD) currency pair experienced a dip to its lowest point on Wednesday, briefly breaching the 1.0400 level before rebounding to its opening range. The Federal Reserve's latest interest rate decision yielded no significant surprises,...
GBP/JPY is currently at a pivotal level, with 192.46 acting as a crucial support zone that could determine the pair’s next movement. If this level holds, a bullish rebound remains the preferred scenario, with potential gains ranging from 111 to 161...
THE CURRENCY PAIR USD-CAD The weekly chart can only give a general idea of the instrument, and what will happen in a more local plan is another question. But on the weekly chart, you can see a beautiful decline candle, within which all subsequent...
