EUR/NZD is trading under persistent selling pressure, with price action confirming the bearish momentum that has been building over recent sessions. The failure to reclaim the 1.8475 pivot level suggests that the pair remains structurally weak,...
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...
I observe the current D1 chart for gold (XAUUSD) shows a bullish wave structure building higher. I notice the MACD indicator is rising in the upper buy zone, staying above its signal line, which I interpret as ongoing upward momentum. I recall that...
European Central Bank (ECB) board member Piero Cipollone has emphasized the need for further interest rate cuts to support the fragile economic recovery in the Eurozone. He also pointed to potential new US trade tariffs as a factor that could...
The AUD/USD currency pair is showing signs of potential recovery, with price action revolving around the key pivot level at 0.6202. A sustained hold above this level could reinforce bullish sentiment and drive prices higher, whereas a failure to...