Market Fundamentals: Market participants are closely watching the Eurozone HCOB Composite Purchasing Managers’ Index (PMI) and the preliminary reading of the German Consumer Price Index (CPI) for further direction. Mixed inflationary pressures are...
The AUD/USD pair faced downward movement around the 0. 6400 mark after the SP Global PMI figures for February were made public in the US. Although traders view the government's tariff plans as less harmful than previously thought, the dovish stance...
USD/JPY Looking at the USD/JPY, the technicals show strong bullish momentum. The pair has been climbing steadily from a low of 130.50 earlier this year and recently broke through resistance around 135.50, now testing levels near 137.50. Here are...
I have been closely monitoring the AUD/USD pair, and I find the current technical structure forming at the resistance level of 0.63527 particularly intriguing. I observe that the bulls have been actively trading around this level for several days,...
NZDUSD Daily Forecast The NZD/USD pair is in a long-term trend, recording a series of higher lows and lower highs on a daily basis. Chinese speakers are usually quick, but sometimes it can be difficult to check the key elements of the control...
