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 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...
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...
Following the latest Federal Open Market Committee (FOMC) minutes, traders are now pricing in 102 basis points of rate cuts by December 2024, based on the Chicago Board of Trade (CBOT) fed funds futures contract. Meanwhile, US Initial Jobless Claims...
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,...
