M-1 Chart Technical Outlook NZD/USD NZDUSD failed to sustain its bearish momentum and started moving higher against the US Dollar after prices touched a low of 0.6135 in the European trading session today. We can see a moving average bullish...
The GBP/USD pair continued to face downward pressure, trading near the 1.3045 level, influenced by the latest US inflation data and weak UK economic activity. While headline inflation declined, the core CPI remained unchanged, prompting traders to...
Gold prices, represented by XAU/USD, have been influenced recently by several important factors. First, U.S. inflation data has raised expectations that the Federal Reserve might cut interest rates by 25 basis points (bps). This potential rate cut...
The pair experienced a fluctuating first session on Thursday, initially drawing interest from dip-buyers. However, it struggled to maintain momentum above the 142.30 mark and capitalize on its upward movement. Currently, the pair trades with a mild...
Gold prices remained relatively stable at the close of the North American trading session, despite a slight 0.18% decline. The market's reaction to the latest US inflation data was mixed, with traders reducing their long positions in gold as the...