Summary United States: Housing Problems for Continuation In January, residential construction and existing house sales were mute, which illustrates the ongoing stress in the housing market with an increased mortgage. Despite the pressure on the...
Crude oil Daily Forecast Crude oil prices are currently facing significant downside pressure. A recent study of crude oil prices has shown that crude oil prices are struggling to maintain their momentum after peaking at $78 per barrel in early...
General Points about NZDUSD: The NZDUSD market is showing a bearish trend, with sellers maintaining control. Price action reflects sustained downward momentum, as selling pressure remains dominant. Yesterday, the market reached the 0.5773 level,...
So far, EUR/USD sellers appear strong, and they have also broken the 1.0427 level. This confirms a bearish scenario, indicating the need for cautious trading. The market has shown significant selling pressure, pushing the pair lower and maintaining...
The AUD/JPY currency pair continues to exhibit strong downside pressure, with market sentiment favoring a decline between 52 and 76 pips as the pair struggles to break above the 95.51 resistance level. As long as price remains below this...