AUD/USD Technical Analysis: The AUD/USD pair has been in a consolidation phase recently, holding between solid support at 0.6800 and resistance at 0.6900. At the moment, it's testing the 0.6850 level, which I see as a key area. The 50-day moving...
The main events by the morning: January 23 Trump called on Russia to end its war immediately. He noted that there are two ways to end the conflict in Ukraine: easy and difficult. The US president would have chosen the easy way. However, if the...
Market Fundamentals: Traders are closely monitoring China’s upcoming Loan Prime Rate (LPR) decision, particularly given its significance as a key trading partner for New Zealand. Market participants are anticipating potential stimulus measures aimed...
GBP/USD Alright, let's break down the GBP/USD. Right now, we're looking at 1.2310 on the board, which is a bit of a mixed bag. Technically, the pair is stuck in a tight range, bouncing around like a pinball. The RSI is hovering near 50 on the...
EUR/USD Technical Analysis In the H4 timeframe, EUR/USD was previously in a downtrend supported by a strong sell structure. However, market dynamics changed, and the price successfully broke out of the selling structure, signalling a possible trend...