Based on the given analysis of AUD/USD, the price could rise by 21-41 pips if it stays above the pivot point of 0.6160. This is a clear indication of a potential bullish trend in the market, with the preferred approach being to take long positions...
Prices of Gold trade on the defensive and reverse four consecutive daily pullbacks in response to extra improvement in the US Dollar as well as investors' reassessement of just one (or none at all) interest rate cut by the Fed for the current year,...
The NZD/USD currency pair is currently showing bullish characteristics, with an expected upward movement of 31 to 46 pips as long as the support level at 0.5572 holds. The RSI above 70 indicates that the market is likely in an uptrend. However, the...
The technical indicators for NZD/USD suggest a bullish trend with the potential for a rise of 31 to 46 pips, provided the support at 0.5572 holds. The RSI is currently above 70, a typical sign of an overbought market, but also a sign of a strong...
In the given scenario, AUD/USD is expected to rise by 21-41 pips if it trades above the pivot point of 0.6160. The primary strategy for traders would be to go long once the price stays above this level, with targets at 0.6215 and 0.6235. The RSI...