GBP/AUD’s current bullish outlook suggests a potential rise of 85 to 127 pips, with a critical support level located at 1.9710. As long as the price holds above this level, the expectation is for the pair to continue moving upward. The RSI reading...
Crude oil prices are experiencing upward momentum, fueled by escalating geopolitical tensions between Russia and Ukraine. However, markets remain cautious, recognizing that the global oil market continues to face an oversupply issue, with demand...
The GBP/AUD pair is currently positioned for a potential rise of 85 to 127 pips, contingent on its ability to remain above the pivotal support level of 1.9710. The market’s overall bullish sentiment is reinforced by key technical indicators. The RSI...
The spot price faces notable headwinds as crude oil prices remain subdued. Canada, being the largest crude oil exporter to the United States, is particularly sensitive to fluctuations in oil prices. West Texas Intermediate (WTI) crude has hovered...
The EUR/NZD pair is poised for a potential decline of 58 to 84 pips, with its bearish outlook contingent on the resistance at 1.8404 remaining unchallenged. This level acts as a critical barrier that delineates the boundary between sustained bearish...
