AUD/USD managed to regain the smile and leave behind four consecutive daily retracements on Monday, gathering some traction soon after hitting lows not seen since April 2020 near 0.6130.The pair remains weak and faces the next support at the 2025...
Prices of Gold trade on the defensive and reverse four consecutive daily pullbacks in response to extra improvement in the US Dollar as well as investors' reassessement of just one (or none at all) interest rate cut by the Fed for the current year,...
The NZD/JPY currency pair is currently at a crossroads, with both bullish and bearish technical indicators. The pivot point at 87.05 is the key level to monitor, as it serves as a major support. If the price rebounds from this level, the next...
The AUD/USD pair is expected to experience an upward movement of 21-41 pips, contingent on maintaining its position above the pivot level of 0.6160. In this scenario, long positions are favored, with targets identified at the 0.6215 and 0.6235...
The technical indicators for NZD/USD suggest a bullish trend with the potential for a rise of 31 to 46 pips, provided the support at 0.5572 holds. The RSI is currently above 70, a typical sign of an overbought market, but also a sign of a strong...
