The AUD/USD currency pair is showing signs of potential recovery, with price action revolving around the key pivot level at 0.6202. A sustained hold above this level could reinforce bullish sentiment and drive prices higher, whereas a failure to...
EUR/NZD is trading under persistent selling pressure, with price action confirming the bearish momentum that has been building over recent sessions. The failure to reclaim the 1.8475 pivot level suggests that the pair remains structurally weak,...
GBP/JPY is currently at a pivotal level, with 192.46 acting as a crucial support zone that could determine the pair’s next movement. If this level holds, a bullish rebound remains the preferred scenario, with potential gains ranging from 111 to 161...
This is a follow-up analysis of my prior report Oil Prices Slide Brent Crude Taps 200-day MA. Can it Snap 4-day Losing Streak? published on 13 January 2025. Click here for a recap.From a technical analysis standpoint, Brent has tapped into a key...
The NZD/USD pair is at a crucial turning point, with its price movement centered around the pivot level of 0.5628. This level serves as a decisive support, and as long as the price remains above it, a rebound scenario is favored, with potential...