WTI crude oil futures have experienced a downward trend over the past three weeks, declining by approximately 6% since reaching a peak of 79.36 in January. The recent sell-off intensified on Tuesday, pushing prices to a low of 70.66. However, the...
The NZD/USD currency pair is currently positioned in a sensitive technical zone, with 0.5668 acting as a key pivot point that could determine the pair’s next move. If this level holds, the pair could rise between 29 and 43 pips, reaching the first...
Mixed signals from Bank of Japan (BoJ) officials indicate that the central bank is in no rush to tighten its monetary policy, leading to a two-week low for the Japanese Yen against the US Dollar. Reports citing five sources familiar with BoJ's...
GBP/AUD is currently at a crucial juncture, where the pair's ability to sustain support at 1.9830 will determine whether a significant bullish move is possible. A successful rebound from this level could lead to an upside movement of 83 to 123 pips,...
The GBP/USD pair is currently in a bearish setup, with expectations of a decline between 47 and 70 pips if it stays below the critical pivot point of 1.2536. This level represents a key resistance area, with a preferred downside target set at...
