Forex and Cryptocurrency Forecast for November 04 – 08, 2024 In October 2024, the U.S. labor market saw limited movement, with total nonfarm payroll employment rising by only 12,000 jobs, keeping the unemployment rate steady at 4.1%. Health care and...
As we move into the middle of the week and approach the end of the month, the movement of gold has shown signs of pressure from buyers. The bullish sentiments that have propelled gold prices upward, especially from last week's performance, remain...
NZD/USD Market Outlook Greetings and Good Morning guys! In the last week, we can observe that the market of NZD/USD reached at 0.5961 zone. However, the buyers can come back again today. Also, any unexpected negative developments could prompt a...
NZD/USD Market Outlook Good morning and have a great weekend! We saw the US dollar remain stable last week and the NZD/USD market faced challenges yesterday, as buyers were unable to overcome the resistance level at 0.6033. However, today’s release...
Technical Analysis of Oil The technical analysis of the daily chart of oil shows that the price is trading below a resistance area, which is the monthly pivot level, as well as the descending red channel line. The red channel represents the general...