Market focus has now shifted to upcoming central bank decisions, with awaiting the highly anticipated two-day FOMC meeting and the Bank of Japan’s (BoJ) policy announcement. As a result, market participants may adopt a cautious stance, avoiding...
The NZD/USD pair is currently exhibiting a robust bullish stance that is underpinned by a well-defined technical framework, with the pivot level at 0.5573 emerging as a critical support that traders rely on to gauge near-term price behavior. This...
GBP/USD Technical Analysis On the H1 timeframe, the GBP/USD pair is currently in a clear downtrend supported by a well-defined bearish market structure. A descending trendline is drawn on the chart, showing that the price consistently follows this...
NZD/USD Technical Analysis: NZD/USD is hovering around 0.6300, showing some bullish momentum on the daily chart. I’ve noticed the pair holding above the 50-day moving average, which suggests buyers are still in control. The RSI is sitting at 58,...
The Australian bone remains under heavy selling pressure as it struggles to reclaim the 0.6170 resistance position, buttressing the prevailing bearish sentiment. The abecedarian background remains inimical for the AUD, with weak domestic profitable...
