Recent market developments suggest that the Reserve Bank of New Zealand (RBNZ) may have completed its last 50 basis point reduction, leading to increased optimism for the New Zealand Dollar (NZD). The RBNZ's aggressive early easing measures have...
US Market News Digest for April 7 SP 500 futures hover at critical support: rebound or breakout? On April 7, futures on the SP 500 index approached the key support level of 4,953. Holding above this zone could pave the way for a rebound targeting...
U.S. Existing Home Sales rebounded significantly, climbing to an annualized rate of 3.96 million units in October. This marked the first annual increase since mid-2021, following a sharp slump to the lowest level since October 2010. In Japan, the...
Bitcoin Technical Analysis The technical analysis of Bitcoin on the 4-hour chart shows the price attempting to retest the bottom formed this week. Bitcoin began trading within the price channels shown on the chart, which represent the general trend...
General Points about AUDUSD: The AUDUSD market has now reached the 0.6014 level, which is a key support area. That price level often acts as a psychological zone where buying or selling momentum could change direction. From here, the price can...