The NZD/USD 4-hour chart shows a market that has been in a gradual recovery from a sharp drop in mid-July, currently trading around the 0.62465 level. After reaching a low near 0.59000 in early August, the price reversed sharply, breaking through...
AUD/USD Market Outlook Greetings and Good Morning to Everyone! The Australian Employment and Unemployment rate couldn't bring a high volaity but the market is still In favor of buyers. Also, the FOMC and Federal Funds rate couldn't help the sellers...
The USD/JPY pair has been navigating a tight trading range during the Asian session, remaining close to the closing levels from the previous day. Recently, the Japanese Yen showed signs of weakness against the US Dollar, particularly evident on...
The analysis of crude oil price behavior is currently a topic of interest. As of Wednesday, U.S. benchmark West Texas Intermediate (WTI) crude oil is priced around $70.84. Prices have been rising due to supply disruptions in the Gulf of Mexico and...
The EUR/USD pair traded near the 1.1165 level during the Asian trading hours on Friday. The pace of the US Federal Reserve (Fed) rate cut by 50 basis points at its September meeting is a major pair, which is bearish for the US Dollar (USD) after the...
