Market Fundamentals: The New Zealand Dollar (NZD) continues to struggle as the Reserve Bank of New Zealand (RBNZ) aggressively slashed its Official Cash Rate (OCR) by 125 basis points (bps) to 4.25% over three consecutive policy meetings. This...
Market Fundamentals: National Australia Bank (NAB) maintains its forecast for the first Reserve Bank of Australia (RBA) rate cut at the May 2025 meeting, though they acknowledge a potential shift to February. According to NAB's report, the...
AUD/USD Price Breakdown We are discussing and analyzing the AUD/USD currency pair's current pricing behavior. Examining the chart, traders can capitalize on AUD/USD price movements. Today, short positions from 0.6241 seem viable. The take-profit...
USD/JPY: Simple Trading Tips for Beginner Traders 4 February (US Session) Trade analysis and tips for trading in Japanese yen The price level of 155.41 in the first half of the day occurred when the MacD indicator has already moved significantly...
XRP/USD Market Analysis and Sentiment The XRP/USD market saw significant price action today. The market price reached an intraday high of 2.7769, followed by a correction to a low of 2.4719. The XRP/USD market price trades at 2.6104, reflecting a...
