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 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...
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 NZD/JPY pair appears to be in a consolidation phase, with critical technical levels determining its next move. The pivot point at 87.05 is of particular importance, as it acts as a key support level. If the price rebounds from this point, a rise...
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...
