Gold prices exhibited a lack of clear direction on Thursday, trading within a narrow range around $2,650 per ounce during the European session. This indecisiveness stems from a cautious market sentiment ahead of the release of the highly anticipated...
•••NZD/USD: Navigating Market Tensions on December 26, 2024••• ••Current Market Snapshot • Today, the NZD/USD is trading around the 0.5634 (buy) and 0.5631 (sell) levels, reflecting a downtrend that's been in play for some time. As we step into the...
USDJPY Currency Pair Analysis - D1 Chart Overview of Recent Price Action In November, the USDJPY currency pair exhibited a clear bearish divergence on the MACD indicator, which led to a significant price drop towards the end of the month and the...
Currency pair EURUSD - let’s look at the chart of the H1 period. The wave structure here is building its order downwards. The MACD indicator is in the lower sales zone. The price is currently constrained between the 1.0413 resistance level and the...
The AUD/USD currency pair experienced a decline during the European session on Tuesday, falling to around 0.6230. This downward movement was primarily attributed to the release of the Reserve Bank of Australia (RBA) monetary policy meeting minutes...