USD INDEX ANALYSIS Good evening. The US Dollar Index (USDX) trades at 104.16, between key support at 103 and resistance at 105 108. US economic data, Federal Reserve policies, inflation reports, and global market sentiment influence the movement of...
NZDUSD Technical Analysis March 6, 2025 Forex Analysis - Technically, I see that the NZDUSD pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the NZDUSD 1 Hour Time Frame chart image...
Technical analysis of GBPNZD Today we will perform a technical analysis on GBP/NZD. The market is currently between our support and resistance levels. There is currently a bearish trend in the market. The market is now close to support at 2.2469....
American consumers have to live on tight budget American consumers have already drastically cut their spending, bracing for even tighter budgets. The latest consumer spending indicator fell to the lowest level in the past four years. The Personal...
Greetings and Good Morning, guys! Yesterday, the US ADP Non-Farm Employment Changes data showed a significant drop from 141K to 77K, which weakened the USD considerably. This decline in employment growth raised concerns about the strength of the US...
