The NZD/USD pair is at a crossroads, with its technical setup pointing to a cautiously optimistic trajectory as long as the 0.5693 support level holds steady. This level is pivotal for maintaining bullish momentum, and its significance is further...
The AUD/USD pair is entrenched in a persistent downward trend, with the pivotal resistance level of 0.6550 remaining unbroken despite multiple recovery attempts. This failure to breach a key technical level has cemented the bearish outlook, as...
The Bank of Japan raised rates to the highest since 2008 On Friday, the Bank of Japan increased interest rates by 25 basis points, bringing them to 0.5%. This was the highest discount rate level since 2008. This decision is due to the regulator's...
The NZD/USD pair, as of January 26, 2025, is trading near 0.6300, reflecting a period of consolidation after recent volatility. The pair has been influenced by a combination of domestic and global factors. In New Zealand, recent economic data,...
The AUD/USD pair continues its descent within a firmly entrenched bearish trend, reflecting a confluence of technical and fundamental factors working against the Australian Dollar. A pivotal resistance level at 0.6550 serves as a psychological...
