Based on the given analysis of AUD/USD, the price could rise by 21-41 pips if it stays above the pivot point of 0.6160. This is a clear indication of a potential bullish trend in the market, with the preferred approach being to take long positions...
The EUR/USD currency pair continued its downward trajectory on Monday, reaching a fresh 26-month low of 1.0200, a level not seen since late 2022. This decline occurred against a backdrop of lackluster European economic data and the anticipation of...
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,...
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...
The NZD/USD pair is currently exhibiting a bullish trend, with an expected rise of 31 to 46 pips if the support level at 0.5572 holds. The RSI above 70 signals that the market is in an uptrend, but it also suggests that the pair could be in...
