I plan to buy the GBP/USD pair only if the price rises to at least 1.2935 and then experiences a correction down to 1.2660. If this happens, I will look to enter a long position at 1.2660 with a stop-loss of 400 points and a profit target of 1200...
The Reserve Bank of New Zealand (RBNZ) recently justified its rate cuts by citing a challenging economic outlook and subdued inflation, which has now returned to the central bank’s target range of 1% to 3%. Earlier this year, the RBNZ lowered the...
Crude oil’s improved performance continues to bolster the pair price, reflecting the country’s heavy economic reliance on this commodity. However, oil’s positive impact on the Loonie could be tempered by broader market sentiment and persistent...
Gold Technical Analysis Analyzing the H1 timeframe, I see a linear regression channel pointing upwards. For me, this is more important than the M15. So, the buyers are strong. The signal from channel M15 provides a buy signal which strengthens my...
Bank of Japan (BoJ) Governor Kazuo Ueda recently reaffirmed the central bank’s commitment to gradually raising interest rates from their historically low levels if the economy and inflation evolve in line with expectations. Despite maintaining the...
