This is a follow-up analysis of my prior report Oil Prices Slide Brent Crude Taps 200-day MA. Can it Snap 4-day Losing Streak? published on 13 January 2025. Click here for a recap.From a technical analysis standpoint, Brent has tapped into a key...
The AUD/USD pair is currently at a crucial juncture, hovering around the pivot level of 0.6202. This level acts as a key determinant of short-term price action, where a sustained move above could confirm a rebound, while a failure to hold may...
The AUD/USD pair is navigating a critical phase, trading around the pivotal level of 0.6202. This level serves as a major inflection point, with a sustained move above potentially triggering further upside momentum, while a break below could lead...
The Dollar recovery has struggled to gain momentum as markets increasingly price in the imminent start of the Federal Reserve’s rate-cutting cycle. This shift in expectations has helped limit losses for gold, keeping the yellow metal buoyed despite...
The NZD/USD currency pair is currently hovering around the critical pivot point at 0.5628, a level that serves as a key determinant of future price direction. If the pair manages to hold above this level, a rebound scenario is likely, with an...
