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The daily chart of USOIL (crude oil) shows a clear structural change with a sudden and sharp breakout from a long-term consolidation phase, indicating a significant change in the current market trend. From September to mid-December 2024, price...
The NZD/USD pair finds renewed buying interest around the 0.5580 region during the Asian trading hours on Tuesday, buoyed by broad-based US Dollar weakness and rising expectations of monetary easing from the Federal Reserve. Concerns over a...
USD/JPY remains under bearish pressure in Tuesday's Asian session, retreating below the 147.50 mark amid a fragile recovery in global risk sentiment. The pair’s decline is underpinned by diminishing expectations that the Bank of Japan (BoJ) will...
Gold prices are currently experiencing downward pressure after failing to sustain a position above the key $3,000 per ounce level, slipping back to the vicinity of daily lows near the $2,980 mark. This comes after an attempt to maintain a bullish...