Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. The AUD/USD market price is falling and the downtrend looks very strong. The market price fluctuates between the 0.6312 resistance level and the 0.6208 support level for a...
TRADING CHART ON NZD USD W1. The NZD/USD pair has been in a persistent downtrend since mid-2014, characterized by a series of lower highs and lower lows, as visible on the chart. This long-term bearish momentum is further confirmed by the moving...
A stronger-than-expected inflation reading may fuel expectations for more rate cuts by the Federal Reserve, which could be bullish for gold, as lower rates often boost demand for non-yielding assets like gold. Conversely, a weaker inflation report...
The ongoing risk-on sentiment in global markets, where investors are more willing to take on risk, has placed additional pressure on the Yen. As global risk appetite remains robust, the Japanese Yen struggles to maintain its footing, particularly...
NZD/USD Market Outlook Greetings and Good Morning to everyone! This week, there is only one piece of news about the New Zealand Dollar related to the CPI rate. However, most news events are about the US dollar. So, the price of NZD/USD will change...
