NZD/JPY on the H1 timeframe is showing a recovery after a recent downtrend, currently trading around 87.16. The price found strong support at 86.50, where it rebounded upwards, signaling a possible shift in momentum. Bollinger Bands indicate some...
AUD/USD is currently trading around 0.6255 after a strong recovery from its recent low near 0.6100. The price action suggests a sharp rebound, supported by bullish momentum. The Bollinger Bands indicate increased volatility, with the price extending...
USD/CHF As of today, USD/CHF is trading around 0.9126, showing a 0.19% increase. The pair has rebounded from key support, keeping the bullish momentum intact. With market sentiment favouring the dollar, I'm watching for potential breakouts....
Market Fundamentals: Recent data from the U.S. Census Bureau revealed a notable 5.9% increase in New Home Sales, reaching a seasonally adjusted annual rate of 664,000 units. Additionally, last month’s sales figures were revised upward to 627,000...
Market Fundamentals: The US economic docket this week includes key data releases such as Durable Goods Orders, the Conference Board (CB) Consumer Confidence Index, Initial Jobless Claims for the week ending, and the Federal Reserve’s preferred...
