The NZD/USD H4 chart shows a well-defined downtrend as the price has been consistently declining from the 0.6410 level and is currently trading around 0.5649. This downtrend is supported by the red moving average, which has a downward slope,...
The USD/CAD pair on the hourly timeframe reflects a steady bullish trend followed by a period of consolidation, suggesting a temporary pause in momentum. Currently, the pair is trading around 1.4386, with the price oscillating in a tight range over...
Market Fundamentals: Governor Kazuo Ueda recently emphasized the need to consider the impact of foreign exchange rate movements on Japan's economic and price outlook. This statement comes as all three measures of Japan’s Consumer Price Index (CPI)...
Technical analysis of WTI crude oil The West Texas Intermediate (WTI) crude market saw back-and-forth trading during early trading on Wednesday, reflecting continued efforts to form a rebound. After retreating from a significant resistance level,...
GBP/USD Price Action Focus We are currently discussing the analysis of GBP/USD's price behaviour. The GBP/USD H1 chart reflects a period of consolidation, with the pair currently trading near the 1.2310 mark after a recent corrective pullback. The...
