The Euro (EUR) continues to face downward pressure as expectations grow that the European Central Bank (ECB) will implement more aggressive rate cuts compared to the Federal Reserve (Fed). The ECB is anticipated to reduce rates by 25 basis points,...
The AUD/USD currency pair remains in a state of indecision, fluctuating around the pivotal level of 0.6202. Although there is an expectation of a potential rebound with gains of 41 to 57 pips, the broader market structure suggests that price action...
The EUR/NZD currency pair remains in a strong bearish trend, with price action failing to break above the key resistance level at 1.8475. The technical setup continues to indicate downward pressure, as the RSI remains below the 50 level, reflecting...
The NZD/USD currency pair is currently hovering around the critical pivot point at 0.5628, a level that serves as a key determinant of future price direction. If the pair manages to hold above this level, a rebound scenario is likely, with an...
The AUD/USD pair is currently at a crucial juncture, hovering around the pivot level of 0.6202. This level acts as a key determinant of short-term price action, where a sustained move above could confirm a rebound, while a failure to hold may...