The AUD/USD pair is currently at a crucial juncture, hovering around the pivot level of 0.6202. This level acts as a key determinant of short-term price action, where a sustained move above could confirm a rebound, while a failure to hold may...
NZD/USD continues to trade near a crucial decision point, with 0.5628 acting as a pivotal support level. If the pair holds above this threshold, a rebound scenario is favored, with the possibility of gaining between 34 and 48 pips. The technical...
Tweezer Top and Bottom candlestick patterns in forex trading. Understanding Candlestick Patterns Candlestick patterns are a cornerstone of technical analysis in trading. They provide visual cues about market sentiment and potential price movements....
The spot price is seeing some support from hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele Bullock, who highlighted the persistently high core inflation levels, ruling out near-term interest rate cuts. These remarks have...
The spot price is seeing modest support as the Dollar remains under pressure for the third consecutive session, with traders exercising caution ahead of the Federal Reserve's policy decision. The price hovers around 107.90, reflecting subdued demand...
