Market Fundamentals: Recent data from the U.S. Census Bureau revealed a notable 5.9% increase in New Home Sales, reaching a seasonally adjusted annual rate of 664,000 units. Additionally, last month’s sales figures were revised upward to 627,000...
AUD/USD Price Summary In our discussion, we are currently analysing the pricing behavior of the AUD/USD currency pair. Like most currency pairs, AUD/USD opened February with a noticeable gap. Initially, the pair declined, reaching 0.60874 briefly...
NZDUSD currency pair - let’s consider the D1 period chart. January was passed earlier, and the movements were in different directions. There was a good upward correction, which was preceded by a bullish divergence on the MACD indicator used, but...
Market Fundamentals: The US economic docket this week includes key data releases such as Durable Goods Orders, the Conference Board (CB) Consumer Confidence Index, Initial Jobless Claims for the week ending, and the Federal Reserve’s preferred...
Technical analysis of gold Technical analysis of gold on the 4-hour chart shows more rise after the price succeeded in breaking the weekly resistance level of 2833 as well as breaking the price channels upwards. If we follow the price movement...
