On Wednesday, Gold experienced an upward breakdown of a flag pattern, promoting prices above the previous maximum of $ 2,943 and establishing a new record at $ 2,947. However, despite this strong movement, there is some uncertainty about whether the...
The NZD/USD pair has recently experienced a notable upward movement, climbing from the 0.5630 region to a peak near 0.5720 before entering a consolidation phase. This bullish momentum was driven by strong buying pressure, evident from the series of...
The NZD/CAD currency pair remains a subject of keen interest among traders due to its fluctuating price action around significant technical levels. The pivot point at 0.8095 serves as a crucial reference for market participants, dictating the...
Market Fundamentals: The spot price maintains positive traction around the 0.5600 mark during Asian trading hours, supported by the People’s Bank of China’s (PBOC) decision to keep its Loan Prime Rates (LPRs) unchanged. Investors remain cautious...
The NZD/CAD currency pair exhibits a dynamic trading environment, with its price action fluctuating between key levels that define the current trend. One of the most important reference points in this setup is 0.8095, which serves as a critical...
