The AUD/USD pair remains firmly entrenched in a bearish trend, with the pivotal resistance level of 0.6550 continuing to cap any recovery attempts. The technical indicators present a clear and unambiguous picture of a market dominated by sellers....
Economists are anticipating a significant 50 basis point rate cut by the Swiss National Bank (SNB) to stimulate economic growth amid concerns over lackluster performance in the Swiss economy. Consumer price inflation edged higher to 0.7% in recent...
The NZD/USD pair is at a crossroads, with its technical setup pointing to a cautiously optimistic trajectory as long as the 0.5693 support level holds steady. This level is pivotal for maintaining bullish momentum, and its significance is further...
The AUD/USD pair has remained under sustained selling pressure, with price action failing to break through the critical resistance level at 0.6550. This level has proven to be a formidable barrier, reflecting the overwhelming bearish sentiment...
At present, the NZD/USD currency pair is experiencing a period of consolidation, with the price hovering near the critical support level of 0.5693. This level plays a pivotal role in determining whether the bullish momentum can continue or if a...