NZD/USD continues to trade near a crucial decision point, with 0.5628 acting as a pivotal support level. If the pair holds above this threshold, a rebound scenario is favored, with the possibility of gaining between 34 and 48 pips. The technical...
Market forecasts suggest a marginal slowdown in economic activity, with the Services PMI expected to ease to 52.2 from the previous month's 52.4. Meanwhile, mixed expectations surround US PMI data, as the Manufacturing PMI is anticipated to rise...
The resignation of Michael S. Barr as Fed Vice Chair for Supervision played a key role in this rally, as Barr has been known for his strict regulatory stance on banks engaging with and holding cryptocurrencies. His departure has eased concerns over...
Tweezer Top and Bottom candlestick patterns in forex trading. Understanding Candlestick Patterns Candlestick patterns are a cornerstone of technical analysis in trading. They provide visual cues about market sentiment and potential price movements....
The AUD/USD pair continues to consolidate near the 0.6202 pivot level, which remains a key determinant of future price action. A successful hold above this level could confirm a potential rebound, while a breakdown below it may accelerate bearish...
