The AUD/USD currency pair is showing signs of potential recovery, with price action revolving around the key pivot level at 0.6202. A sustained hold above this level could reinforce bullish sentiment and drive prices higher, whereas a failure to...
The EUR/NZD pair remains under bearish pressure, trading below the critical pivot level of 1.8475, which has now become a significant resistance point. The technical indicators strongly favor continued downside momentum, with the RSI remaining...
NZD/USD is currently trading near the critical threshold of 0.5628, which serves as a decisive pivot level that could dictate the pair’s short-term trajectory. If price action remains above this level, a recovery towards higher resistance zones is...
Market forecasts suggest a marginal slowdown in economic activity, with the Services PMI expected to ease to 52.2 from the previous month's 52.4. Meanwhile, mixed expectations surround US PMI data, as the Manufacturing PMI is anticipated to rise...
Good morning! Hope you're having a wonderful day! Looking at GBP/USD with the current price at 1.4414, and the lower price at 1.4297 and higher at 1.4467, here’s a fundamental and technical breakdown for a potential sell trade: Fundamental Analysis:...
