The Kiwi pair remained under pressure during the Asian trading session on Monday, hovering around 0.5775. A mix of domestic and external factors continues to weigh on the New Zealand Dollar (NZD), with the expectation of another rate cut by the...
XAU/USD Technical Analysis, Market Overview and Trading Plan Current market overview XAU/USD is currently trading at 2654 after testing the intraday high at 2664. This level is closely related to the 100-period simple moving average on the H4 chart....
The Spot price has been trending upwards, reaching around 154.50 during the early Asian session on Monday. However, it has since pulled back slightly as the US Dollar (USD) retreats from a nearly three-month high achieved in the previous trading...
Technical outlook: Gold price Gold prices increase despite a slight rise in the US Dollar following mixed PMI data. Investors await the Fed’s interest rate decision and economic projections, expecting a 25 bps cut on Wednesday. The market speculates...
The Australian economy is currently facing a period of significant uncertainty, with various factors influencing the outlook for the Australian Dollar (AUD). While the Reserve Bank of Australia (RBA) has maintained an aggressive stance on inflation,...