Crude Oil Technical Analysis Crude crude oil prices show a change in market structure in the hourly time frame and are moving into a bearish (selling) structure. The current resistance level is set at $80.10 per barrel. Prices have pulled back from...
GBP / NZD: H4 Time Frame Recommendation The next target goal for GBPNZD investors is the 2.1882 level, as the market hints at potential bullish momentum in the near term. Despite challenges, including the UK pound's recent weakness from the...
USD/JPY Rebounds 0.6% on Friday as Dollar Strengthens On Friday, the USD/JPY currency pair experienced a 0.6% rebound, aided by the strength of the U.S. dollar. This technical bounce occurred at a critical moving average level, indicating a...
Gold prices experienced a slight dip in late North American trading on Friday, despite anticipating a weekly gain of over 0.40%. This minor pullback occurred as market participants awaited the release of key US economic data. Despite the slight dip,...
The Dominance of the Dollar in Global Markets The U.S. Dollar continues to dominate global markets, and its strength could potentially negate the gains made by the New Zealand Dollar (NZD). Given the robustness of the U.S. economy, the outlook for...