EUR/USD has fallen back below 1.0550 in the European session on Tuesday, driven by fading optimism over potential stimulus measures from China, which has allowed the US dollar to regain strength. The increased dovish stance towards the European...
Let’s consider the chart of the D1 period - the AUDUSD currency pair. The wave structure is still building its order downwards. The MACD indicator is falling in the lower sales zone and below its signal line. For many days in a row, the price was...
Kuwait spends billions on oil extraction Oil is a priority for Asian countries. Kuwait is a prime example. Kuwait Petroleum Corp., the country’s largest company, plans to invest 10 billion dinars ($33 billion) over five years to boost its oil...
PAIR REVIEW USDCHF Hello! At the moment, the USDCHF pair is in a downward trend movement on the hourly chart. The price is below the moving average, which shows the strength of the bears. The Zig Zag indicator also confirms the bearish structure, as...
The Kiwi pair is facing a period of uncertainty, influenced by a combination of domestic policy shifts, global market trends, and technical factors. Traders will need to closely monitor key developments, particularly the Reserve Bank of New Zealand...