The NZD/USD currency pair is currently at a critical juncture, with the 0.5693 support level acting as a key determinant for the next phase of price action. As long as the price holds above this level, the broader bullish scenario remains in play,...
The AUD/USD pair has exhibited significant weakness in recent sessions, entrenched in a bearish trend that reflects both technical and fundamental vulnerabilities. The key pivot point at 0.6550 has acted as a formidable ceiling, with price...
The Bank of Japan raised rates to the highest since 2008 On Friday, the Bank of Japan increased interest rates by 25 basis points, bringing them to 0.5%. This was the highest discount rate level since 2008. This decision is due to the regulator's...
The AUD/USD pair remains firmly entrenched in a bearish trend, with the pivotal resistance level of 0.6550 continuing to cap any recovery attempts. The technical indicators present a clear and unambiguous picture of a market dominated by sellers....
The NZD/USD currency pair exhibits a strong potential for upward momentum, with expectations for an increase of 29 to 43 pips provided that the critical support level at 0.5693 holds firm. This level serves as a psychological and technical...
