The NZD/USD pair is currently exhibiting a bearish trend on the H1 timeframe. The price has been making lower highs and lower lows, which are hallmark characteristics of a downtrend. Recently, the price touched a low near 0.5590 before bouncing back...
The spot price trades lower around 161.70 during the early session today, reversing gains from the previous day. The price faced renewed pressure as traders increasingly believed that the Bank of Japan. At the time of the latest update, the price...
USD/JPY Technical Analysis: Right now, USD/JPY is trading around 143.80, and it seems to be holding steady. I’m keeping an eye on 143.50 and 142.80 as key support levels, while 144.20 and 145.00 look like the main resistance points. Looking at the...
GBP/USD Price Forecast We should have an in-depth discussion on the price action outlook of the GBP/USD currency pair. The GBP/USD H4 timeframe chart shows a strong bearish trend, with the price recently breaking below the key support level of...
West Texas Intermediate (WTI) crude oil prices saw gains during the Asian session on Thursday, opening with a bullish gap of around $72.90 per barrel following the year-end holidays. This rise reflects market speculation regarding the Federal...