EUR/USD keeps trading around the 1.0500 mark in the American session on Tuesday. A negative shift in risk sentiment revived the haven demand for the US Dollar earlier in the day, while tepid US Retail Sales figures put near-term pressure on the...
Japan’s export slump has raised significant concerns about the nation’s economic health, signaling potential slowdowns in key sectors. At the same time, the BoJ’s lack of clarity on its future policy stance has added an extra layer of...
Key factors such as fluctuating commodity prices, geopolitical risks, and concerns over China's economic growth continue to put pressure on the economy, creating an uncertain outlook for the AUD. In addition, if U.S. inflation remains persistently...
Governor Adrian hinted at the possibility of another rate cut in February 2025, citing subdued development. This dovish tone from the Reserve Bank has led to a weakening of the Kiwi against the US Dollar (USD) in the short term. On the global stage,...
Support and Resistance Support and Resistance are key concepts in technical analysis used by traders to identify price levels where a stock, commodity, or asset might experience buying or selling pressure. These levels help traders make decisions...
