The NZD/USD currency pair has recently exhibited a bearish inclination, with technical indicators suggesting a potential drop of 20–30 pips. The pivot point at 0.5661 serves as a crucial reference level, where a temporary rebound could occur before...
The GBP/USD currency pair has demonstrated sustained bullish momentum, with the price remaining above the pivotal support level of 1.2417. This key threshold acts as a foundation for the current uptrend, as traders continue to favor long positions...
Data from the US Energy Information Administration (EIA) revealed a substantial crude oil inventory build of 5.474 million barrels, bringing total stockpiles to 426 million barrels for the week ending, far exceeding the forecasted increase of 0.7...
European Central Bank (ECB) Vice President Luis de Guindos recently signaled a shift in economic risks, stating that concerns over high inflation have given way to fears of slowing economic growth. Meanwhile, trade tensions between the Eurozone and...
The USD/JPY pair has exhibited a steady uptrend, with market dynamics strongly favoring continued bullish momentum. As long as the price remains above the pivotal support level of 153.75, the upside remains the dominant scenario. This key level...
