The price remains under strain, struggling to attract significant buyers as it hovers near a three-week low against the US Dollar (USD) ahead of the European session. Market expectations that the Bank of Japan (BoJ) will maintain its short-term...
The EUR/NZD pair remains under bearish pressure, trading below the critical pivot level of 1.8475, which has now become a significant resistance point. The technical indicators strongly favor continued downside momentum, with the RSI remaining...
West Texas Intermediate (WTI) crude oil futures, the benchmark for US crude, traded around $72.60 in post-settlement activity on Wednesday. WTI prices experienced a slight decline last week following a larger-than-anticipated increase in US crude...
Market forecasts suggest a marginal slowdown in economic activity, with the Services PMI expected to ease to 52.2 from the previous month's 52.4. Meanwhile, mixed expectations surround US PMI data, as the Manufacturing PMI is anticipated to rise...
The NZD/USD pair is at a crucial turning point, with its price movement centered around the pivot level of 0.5628. This level serves as a decisive support, and as long as the price remains above it, a rebound scenario is favored, with potential...
