The AUD/USD chart on the H1 timeframe shows a clear downtrend that has been ongoing since mid-February. The pair have struggled to maintain any significant bullish momentum, with each upward attempt being met with selling pressure. The current price...
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Market Fundamentals: While the Governor expressed moderate confidence that inflation will return to the bank's 2% target, she also acknowledged that upside inflation risks had eased but were not entirely gone. When asked about the possibility of a...
Currently, I observe that the price has not yet reached the 0.9065 level, as I previously mentioned. I also recall encountering a similar scenario in the past. At this moment, I believe there is an opportunity to sell around the 0.8982 level because...
The New Zealand Dollar (NZD) faced increased selling pressure in recent sessions, declining to a low of 0.5587 before stabilizing. Despite being in oversold territory, technical indicators suggest that further downside pressure is diminishing. The...
