Crude oil prices are experiencing upward momentum, fueled by escalating geopolitical tensions between Russia and Ukraine. However, markets remain cautious, recognizing that the global oil market continues to face an oversupply issue, with demand...
The GBP/AUD pair shows a strong bullish outlook, with the potential for a rise of 85 to 127 pips. The pivotal support level at 1.9710 will play a crucial role in determining the pair’s direction. As long as the price remains above this level, the...
The EUR/NZD pair is poised for a potential decline of 58 to 84 pips, with its bearish outlook contingent on the resistance at 1.8404 remaining unchallenged. This level acts as a critical barrier that delineates the boundary between sustained bearish...
As of January 25, 2025, the EUR/USD currency pair is exhibiting bullish momentum, trading around the 1.0485 level. This upward movement suggests a continuation of its recent recovery, with the pair approaching key resistance levels. Technical...
The Australian Bureau of Statistics revealed that the Australian economy expanded at a slower-than-anticipated pace, growing by 0.8% year-on-year compared to 1% in the prior quarter. Economists had forecast annualized Q3 GDP growth of 1.1%. Every...
