The AUD/USD pair remains firmly entrenched in a bearish trend, with the pivotal resistance level of 0.6550 continuing to cap any recovery attempts. The technical indicators present a clear and unambiguous picture of a market dominated by sellers....
The bearish momentum in the AUD/USD pair shows no signs of abating, as the market remains firmly below the resistance level of 0.6550, a barrier that has consistently repelled any bullish attempts. The technical framework paints a compelling picture...
The NZD/USD currency pair exhibits a strong potential for upward momentum, with expectations for an increase of 29 to 43 pips provided that the critical support level at 0.5693 holds firm. This level serves as a psychological and technical...
Economists are anticipating a significant 50 basis point rate cut by the Swiss National Bank (SNB) to stimulate economic growth amid concerns over lackluster performance in the Swiss economy. Consumer price inflation edged higher to 0.7% in recent...
The United States (US) core Consumer Price Index (CPI), excluding volatile food and energy prices, has held steady at 3.3%, maintaining its upward momentum from 3.2%. Additionally, the annual US headline Producer Price Index (PPI) surged to 3%,...
