Markets are anticipating further interest rate cuts by the Reserve Bank of New Zealand (RBNZ) as the country grapples with a recession that began in the third quarter (Q3) of 2024. The likelihood of a 50 basis point (bps) rate cut in February is...
The investment world is evolving, and many investors are now exploring new strategies for better returns. One of the latest trends is investing, which relies on advanced data analysis instead of human fund managers. But does this method work? Let’s...
News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...
I see that EUR/USD sellers have once again confirmed the priority of the downward movement in the short term. I watched Friday’s local low of 1.0807 get broken, and I noted how the price consolidated below this level on the H1 timeframe, confirming...
Technical Analysis of AUD/USD The AUD/USD pair is currently trading at 0.6286, showing moderate volatility as market participants assess key support and resistance levels. The pair has been influenced by broader risk sentiment, commodity prices,...
