The New Zealand Dollar (NZD) faces mounting pressure as markets anticipate the Reserve Bank of New Zealand (RBNZ) will lower interest rates by 50 basis points (bps) at its upcoming monetary policy meeting. This would mark the third consecutive rate...
USDCHF currency pair - let’s consider the D1 period chart. On this chart, the wave structure is still building its order upwards. The MACD indicator is in the upper purchase zone, but is already falling below its signal line. Sellers dominated the...
The Federal Reserve’s recent decision to implement a second consecutive rate cut of 25 basis points (bps) follows its earlier 50 bps slash, aligning with market expectations. This move underscores the Fed’s cautious approach to navigating economic...
AUD/ USD Price Recap The AUD/ USD currency market's current price behaviour will be the subject of my article today. Yesterday, the quote consolidated above its long-term level in the region of 0.6300. As I already wrote, this opens the way for...
GOLD Today, after a downward correction rollback (the daily minimum was 2735.00), gold turned up and is now trading around the 2746.00 level. Let's see if the long trend continues after Trump's speech, but anything is possible here. We open the...
