During Monday's negotiation session, the Light Sweet Crude Oil Market (WTI) initially joined after the announcement of new tariffs during the weekend, which increased the nerves with respect to the US-channel-Mexico commercial war. However, after...
The technical landscape for the NZD/USD pair is overwhelmingly supportive of a bullish trend, with the pivotal support at 0.5573 playing an essential role in anchoring the market’s upward trajectory. This level has consistently served as a barrier...
EUR/JPY PAIR REVIEW Price of currency: EUR/JPY There was a fairly deep GAP down at the opening of the EURJPY market yesterday, Monday. The GAP occurred until the break down of the support line of 159.66 and then the price was again depressed down...
6 EUR/USD remains in a fragile position as it struggles against the key resistance at 1.0310, a level that has consistently capped upside movements. The current market sentiment suggests that as long as this resistance holds, the risk of a further...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis and the market price is bearish, which helps keep costs down. At this point, after the market price calls for a break below the 50-day simple moving average and above the...
