The US dollar remains relatively stable against the Japanese yen as it continues trading in New York, with the level of 155 yen providing a critical support zone. This area showed durability and helped prevent further descent. Just below the level...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The market price is currently between the resistance level at 0.5679 and the support level at 0.5592. Now that the market price has broken the support level and closed...
NZD/USD continues to trade near a crucial decision point, with 0.5628 acting as a pivotal support level. If the pair holds above this threshold, a rebound scenario is favored, with the possibility of gaining between 34 and 48 pips. The technical...
The price remains under strain, struggling to attract significant buyers as it hovers near a three-week low against the US Dollar (USD) ahead of the European session. Market expectations that the Bank of Japan (BoJ) will maintain its short-term...
US crude oil inventories surged unexpectedly last week, with the American Petroleum Institute (API) reporting a significant increase of 10.9 million barrels for the week, in contrast to the previous week's decline of 1.5 million barrels. Market...
