Crude Oil has been showing significant price action on the H4 time frame chart, with a steady increase in value over the past trading day. This bullish momentum led to a test of the 50 EMA (Exponential Moving Average) line, where the price...
The New Zealand Dollar (NZD) staged a modest recovery on Thursday, rebounding from a two-year low of 0.5761 against the US Dollar (USD). This rebound was fueled by a combination of factors, including a slight pullback in the US dollar and...
USD/JPY Technical Analysis: Right now, USD/JPY is trading around 147.50, sitting just above a key support level at 147.00, which lines up with the 50-day moving average. This area seems to be attracting buyers, and the RSI, currently near 40,...
The Spot price is trading flat around 1.4150, showing little movement during the early Asian session on Thursday. This consolidation follows a period of volatility driven by shifts in the US Dollar (USD). The Federal Reserve (Fed) has made it clear...
EUR/USD After the Swiss Bank cut the rate by 0.50% at once, this option can be considered in relation to the ECB, but only as an alternative. If the ECB cuts the rate by 0.5%, the rate will become 2.90%, given that inflation in Europe fluctuates...
