China's Retail Sales, a key economic indicator for New Zealand’s primary trade partner, posted an unexpected slowdown, dampening sentiment in antipodean markets. Sales grew by just 3.0% year-on-year, falling short of the 4.6% forecast and marking a...
The crude oil H1 chart presents an interesting price action, showing both bullish and bearish movements in recent sessions. Currently, the price is stabilizing after a notable recovery from previous lows, suggesting that buyers are attempting to...
GBP/AUD continues to trade within a key technical range, with the potential for an 83 to 123 pip increase if the price maintains support at 1.9830. This pivot point remains a critical determinant of whether the pair will resume a bullish trend or...
AUD/USD Technical Analysis – Current Market Outlook Introduction AUD/USD is one of the most actively traded currency pairs in the forex market, influenced by key economic data, central bank policies, and global risk sentiment. In this analysis, we...
The NZD/USD currency pair is at a decisive point, with the possibility of gaining 29 to 43 pips if it sustains support at 0.5668. This level serves as the pivot point, acting as a reference for market direction. If the price holds above this point,...
