The technical indicators for NZD/USD suggest a bullish trend with the potential for a rise of 31 to 46 pips, provided the support at 0.5572 holds. The RSI is currently above 70, a typical sign of an overbought market, but also a sign of a strong...
The AUD/USD pair is expected to experience an upward movement of 21-41 pips, contingent on maintaining its position above the pivot level of 0.6160. In this scenario, long positions are favored, with targets identified at the 0.6215 and 0.6235...
The forecast for AUD/USD suggests an upward movement of 21-41 pips if the price maintains trading above the 0.6160 pivot level. With this pivot level acting as a critical point, traders are advised to take long positions above it, targeting...
The GBP/USD currency pair experienced significant turbulence recently, plunging to a 15-month low of 1.2100 amid a reassessment of interest rate expectations for the remainder of the year. While initial trading this week was relatively subdued, the...
Prices of Gold trade on the defensive and reverse four consecutive daily pullbacks in response to extra improvement in the US Dollar as well as investors' reassessement of just one (or none at all) interest rate cut by the Fed for the current year,...