The foreign exchange market is witnessing a dynamic interplay between safe-haven currencies and risk-on sentiments. With mounting speculation over the timing of the next rate hike by the Bank of Japan (BoJ), the traditionally secure Japanese Yen...
Last week, I observed a decline in the price, which broke the support level at 1.43284 and closed near the next support at 1.41117. I noted that the price did not test the support level below this point, which led me to prioritize a further decline...
The NZD/USD currency pair continues to exhibit strong bearish momentum, as price action remains firmly below the critical pivot level of 0.5765, which serves as a significant resistance zone. As long as the price remains beneath this level, the...
Recent reports from Aljazeera indicate that Israel’s offensive in Gaza continues unabated, with a strike on a home in the Nuseirat refugee camp tragically claiming two lives. These events have added a layer of uncertainty to global markets,...
As I analyze the market situation for Audi on the daily chart, I observe that the price has broken the southern channel, successfully piercing through its northern border at the 0.6200 level. Following this breakout, Audi transitioned into a flat...
