Market Fundamentals: Analysts at the Bank of Montreal (BMO) expect the Bank of England to keep interest rates unchanged at 5% in its upcoming meeting, citing various economic factors. Meanwhile, Japan's economic landscape presents mixed signals. The...
XAGUSD(Silver) XAGUSD(Silver) outlook: Silver, like gold, is benefiting from global uncertainty and is often seen as a safer investment in times of economic stress. However, silver faces additional influences due to its dual nature as both a...
Forecast of Crude Oil Although the price revolved around the 50 EMA line on the daily time frame chart and trading activity was within the range zone, traders were unable to identify unidirectional trading activity during the last few trading days....
The GBP/NZD pair is exhibiting a distinctly negative technical setup, where the resistance at the pivot point of 2.2175 is critical to the continuation of the bearish trend. With the RSI below 50 and the MACD showing a negative divergence by trading...
Market Fundamentals: The New Zealand Dollar (NZD) continues to struggle as the Reserve Bank of New Zealand (RBNZ) aggressively slashed its Official Cash Rate (OCR) by 125 basis points (bps) to 4.25% over three consecutive policy meetings. This...
