THE CURRENCY PAIR NZD-USD I suggest looking at the D1 period chart again today. The downward wave structure on this chart can be said to have broken down after the current growth wave updated the previous wave's maximum. The MACD indicator is still...
The EUR/USD currency pair experienced a brief respite on Wednesday, rebounding slightly to trade around the 1.0440 level in Asian trading, after enduring two consecutive days of losses. However, the pair's upward momentum faces significant headwinds...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Good morning all forum friends. AUD/USD is trading at 0.6215 at the time of writing. Let's look at today's AUD/USD market price changes. AUD/USD prices have changed little since yesterday. For the...
Market Fundamentals: The Euro continues to struggle against the Japanese Yen as market sentiment remains bearish amid expectations of aggressive rate cuts by the European Central Bank (ECB). The bleak economic outlook for the Eurozone, coupled with...
Market Fundamentals: Crude oil prices remain under pressure as concerns over slowing global demand overshadow the initial market reaction to an interest rate cut by the People’s Bank of China (PBOC). Despite efforts to stimulate economic growth,...
