Currently, XAUUSD is experiencing a corrective upward impulse, but it is not yet clear if this movement has reached its full potential. The nearest significant resistance level for gold is at 2645. If the price successfully breaks above this level,...
Market participants are grappling with a complex environment defined by divergent monetary policies, fluctuating economic indicators, and evolving geopolitical risks. While optimism surrounding New Zealand’s inflation outlook offers potential...
The absence of a clear consensus among European Central Bank (ECB) policymakers has added complexity to market sentiment, particularly in predicting the institution's next steps on interest rate decisions. Divergent views on potential rate cuts...
Global economic dynamics, particularly the U.S. economy and China's growth trajectory, continue to exert significant pressure on the Australian Dollar (AUD). Without a substantial shift in these global factors, the AUD is likely to face sustained...
EUR/USD Technical Analysis Current Price: As of today, EUR/USD is trading around the 1.0650 level. Trend: I’m seeing a consolidation phase in the pair, with a slight bearish bias. The price has struggled to break above the 1.0700 resistance level,...