New Zealand’s central bank, led by Governor Orr, has signaled further interest rate cuts, with an expected 50 basis points (bps) reduction by mid-July. However, he indicated that the era of larger-than-usual rate cuts is over, with the Reserve Bank...
The GBP/USD buy trade is one of the most common transactions in the forex market, particularly for traders who follow economic and political developments in the UK and the US. In this trade, the entry point is set at **1.29100**, with a...
Technical Analysis of the EURUSD Pair The technical analysis of the EURUSD pair on the 1-hour chart shows the price breaking the descending channel and trading within the ascending channel. Over the past two trading days, the price rose in an...
The XAU/USD news effect forecast of the Johnson Redbook Index is published by Redbook Research Inc., and it reflects a sales-weighted growth rate of year-over-year same-store sales for large US general merchandise retailers' sample of nearly 9,000...
ANALYSIS OF EUR/USD PAIR. The EUR/USD H4 chart demonstrates a decisive bullish breakout after a prolonged period of consolidation and accumulation, with a firm shift in trend momentum beginning in early March. Price has clearly transitioned into a...
