The weekly chart of crude oil (#CL) exhibits a significant historical price action, highlighting crucial levels of support, resistance, and trend shifts. The long-term price movement shows periods of strong uptrends, severe declines, and...
The technical outlook for EUR/NZD is characterized by a subtle interplay between bullish and bearish signals, with the pivotal level at 1.8334 playing a central role in determining the market’s direction. The RSI is trading above 50, which is a sign...
Market Fundamentals: The UK’s Office for Business Responsibility (OCR) has revised its inflation forecasts upward, projecting a rate of 2.5% for 2024, up from the previously expected 2.2%. For 2025, inflation expectations have been adjusted...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Hello, my best traders and moderators. Today I will discuss the NZD/USD price movement in this time frame chart. If we take a quick look at the chart of NZD/USD, the NZD/USD is trading at 0.5632 at...
n the current trading environment, EUR/NZD presents a mixed technical picture that nonetheless holds the potential for a significant rebound, provided that the pivot level at 1.8334 remains intact. With the RSI comfortably above 50, there is...