Expectations of aggressive rate cuts by the Reserve Bank of New Zealand are weighing heavily on the pair price against the Dollar. Adding to the complexity are heightened global risks and significant shifts in international monetary policies, which...
The US Dollar is demonstrating remarkable strength, reflecting trader confidence in the potential reelection of former President Donald Trump in the upcoming presidential elections, set to take place in two months. Trump’s campaign pledges to hike...
EUR/GBP On the hourly chart, the channel has a different direction from the movement on M15. Therefore, sales to the younger period are of a corrective nature. The seller will try to go down to the buyer, whose volumes for purchase are located near...
Monetary policy divergence and evolving economic conditions are shaping a complex outlook for the price against the Dollar. Optimism surrounding China’s stimulus measures and the Reserve Bank's hawkish tone lend support to the Aussie. However, the...
AUD/USD Technical Analysis: Today, I noticed the AUD/USD pair is consolidating around 0.6450, staying in a tight range. The 200-day SMA near 0.6480 is acting as a strong resistance point, and if the pair manages to break above this, it could test...
