Crude oil prices continue to struggle amid concerns over slowing global demand, particularly from China, the world’s largest importer. However, ongoing geopolitical tensions, including the escalating Russia-Ukraine conflict and instability in the...
The NZD/USD pair has displayed increasing bearish tendencies, with technical indicators supporting the probability of a further decline. The pivot level at 0.5661 is crucial, as a minor corrective rebound toward this level may be observed before the...
The GBP/USD currency pair has exhibited notable resilience, with market sentiment favoring a continuation of the bullish trend as long as the 1.2417 pivot point remains intact. This support level is crucial in maintaining the pair’s upward momentum,...
The NZD/USD currency pair has recently exhibited a bearish inclination, with technical indicators suggesting a potential drop of 20–30 pips. The pivot point at 0.5661 serves as a crucial reference level, where a temporary rebound could occur before...
European Central Bank (ECB) Vice President Luis de Guindos recently signaled a shift in economic risks, stating that concerns over high inflation have given way to fears of slowing economic growth. Meanwhile, trade tensions between the Eurozone and...