The technical landscape for the NZD/USD pair is overwhelmingly supportive of a bullish trend, with the pivotal support at 0.5573 playing an essential role in anchoring the market’s upward trajectory. This level has consistently served as a barrier...
West Texas Intermediate (WTI) crude oil futures experienced a rise to around $74.00 on the Nymex during Monday's European trading session. This price increase followed the United States' decision to retract its threat of imposing tariffs on...
GBPUSD GBPUSD outlook: The GBP/USD pair is experiencing consolidation, trading around 1.2420. The pound has come under pressure due to mixed economic data and ongoing market uncertainties. The US Dollar remains supported by the robust US economy and...
AUDUSD Daily Time Chart Analysis The AUD/USD pair has entered a downtrend and has been trading below its 20-day simple moving average (SMA) for four trading sessions. The weakness came after the US imposed new tariffs on Chinese imports, prompting...
Fundamental Points about AUDJPY The recent release of the Tokyo CPI rate has significantly benefited the Japanese Yen, strengthening its position in the forex market. As a result, the AUDJPY market has declined, reaching the 96.35 level. Japan’s...