The AUD/USD pair has exhibited significant weakness in recent sessions, entrenched in a bearish trend that reflects both technical and fundamental vulnerabilities. The key pivot point at 0.6550 has acted as a formidable ceiling, with price...
The NZD/USD pair is at a crossroads, with its technical setup pointing to a cautiously optimistic trajectory as long as the 0.5693 support level holds steady. This level is pivotal for maintaining bullish momentum, and its significance is further...
Economists are anticipating a significant 50 basis point rate cut by the Swiss National Bank (SNB) to stimulate economic growth amid concerns over lackluster performance in the Swiss economy. Consumer price inflation edged higher to 0.7% in recent...
I decided to analyze a younger timeframe for the New Zealand dollar pair. I noticed that earlier, after a rebound from the local minimum at 0.5540, the pair moved upward. I observed the formation of an ascending price channel in the shape of a...
The AUD/USD pair remains firmly entrenched in a bearish trend, with the pivotal resistance level of 0.6550 continuing to cap any recovery attempts. The technical indicators present a clear and unambiguous picture of a market dominated by sellers....