Currency pair AUDUSD - let’s consider the chart of the D1 period today. The current growth wave updated the previous wave’s maximum, breaking the descending wave structure on this chart. The MACD indicator is still in the lower sales zone, but is...
Investor concerns over the Eurozone's economic outlook have intensified, placing significant pressure on the price against major currencies, except for certain Asia-Pacific peers. The uncertainty stems from multiple factors, including Trump’s first...
Crude Oil Technical Analysis: Bearish Trend Continues Crude oil prices clearly show a bearish trend as the market structure continues to trend bearish in the 1-hour timeframe. The market has been steadily following its downward trajectory,...
Rising expectations of a less aggressive monetary policy easing by the Federal Reserve (Fed) have helped the US Dollar (USD) stall its overnight pullback from a three-month peak, pressuring the pair lower. Additionally, speculation surrounding the...
NZD/ USD Price Overlook The correction of the dollar index approaching the level of 107.00 has weakened the outlook for the US Dollar currency in almost every currency pair. Without exception for the NZDUSD pair which has been moving up this week....
