Markets are currently pricing in a nearly 65% chance that the RBNZ will cut the cash rate by 50 basis points (bps) to 4.25% in its upcoming meeting. This sentiment reflects concerns about the domestic economy and the central bank's cautious stance....
Today, I am analyzing the EURGBP currency pair on the M5 timeframe, focusing on a straightforward yet effective approach using the RSI indicator. I find the RSI to be a reliable tool for identifying potential reversals and momentum shifts....
The GBP/USD pair has rebounded from earlier losses and is now trading around the 1.3000 level, supported by a renewed weakening of the US Dollar (USD) amid easing geopolitical concerns surrounding Russia and Ukraine. The shift in market sentiment...
The NZD/USD currency pair is showing signs of bullish momentum, as long as the price remains above the critical support level set at 0.5799 today. Technical indicators provide confirmation of the upward trend, with the RSI maintaining a position...
Germany’s conservative alliance, led by the Christian Democratic Union (CDU) and its Bavarian counterpart, the Christian Social Union (CSU), is poised to lead the country once again following the recent federal election. Investors will be closely...
