The New Zealand dollar (NZD/USD) will continue to gather on Friday. NZD/USD is traded at 0.5702 at the European meeting, which is 0.43% per day. PMI production is unexpectedly expanding New Zealand's production PMI increased to 51.4 in January,...
In my previous analysis, I highlighted the breakout of the descending price channel at the 1.0400 level, which signaled a shift in market dynamics. I observed that the EUR/USD pair had transitioned into a wide flat price channel with an upward...
XAUUSD Technical Analysis XAUUSD is currently trading around 2893, experiencing a temporary pullback after testing recent highs near 2925. The market has been in a strong bullish trend, with price action consistently forming higher highs and higher...
This week, the foreign exchange market delivered a brutal lesson to traders, particularly in the USD/JPY pair. I observed a sharp upward impulse that pushed prices up by 300 points with minimal retracements, only to be followed by an equally...
Date: 14th February 2025. Can The NASDAQ Maintain Momentum at Key Resistance Level? Trading Leveraged products is Risky The price of the NASDAQ throughout the week rose more than 3.00% to bring the price back up to the instrument’s resistance...
