The NZD/USD currency pair is currently trading within a strong bearish trend, as price action struggles to move above the key pivot level of 0.5765, which serves as an important resistance point. As long as the price remains below this threshold,...
The US Federal Reserve (Fed) has taken a notably cautious approach this year amid mounting inflation risks and uncertainties stemming from the incoming Trump administration, a stance that has reinforced support for the US Dollar (USD). Fed officials...
The hourly gold chart (GOLD, H1) shows a clear uptrend, with prices reaching new highs and consolidating around the $2935 level. The presence of Fibonacci Expansion (FE) levels at 61.8, 100, and 161.8 suggests that traders are monitoring key...
Crude oil prices have surged to a four‐month high following the Biden administration’s introduction of a new sanctions package against Russia, a move that has provided notable support for the Canadian Dollar (CAD) and added pressure on the USD/CAD...
As I analyze the market situation for Audi on the daily chart, I observe that the price has broken the southern channel, successfully piercing through its northern border at the 0.6200 level. Following this breakout, Audi transitioned into a flat...
