The spot price is seeing modest support as the Dollar remains under pressure for the third consecutive session, with traders exercising caution ahead of the Federal Reserve's policy decision. The price hovers around 107.90, reflecting subdued demand...
I observe the current D1 chart for gold (XAUUSD) shows a bullish wave structure building higher. I notice the MACD indicator is rising in the upper buy zone, staying above its signal line, which I interpret as ongoing upward momentum. I recall that...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The market price is currently between the resistance level at 0.5679 and the support level at 0.5592. Now that the market price has broken the support level and closed...
EUR/NZD remains under significant selling pressure, as price action continues to struggle below the 1.8475 resistance level. The technical outlook remains firmly bearish, with the RSI holding below 50, reflecting sustained weakness in the pair....
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...
