Rally in New Zealand Dollar (NZD) could extend to 0.6070 before a pause can be expected against US Dollar (USD); major resistance at 0.6095 is…
BoC to keep the policy rate on hold at its 4 June meeting (instead of a 25bps cut). With the policy rate at neutral, BoC…
EUR/USD rebounds to near 1.1330 as the USD Index struggles to break above the key level of 100.00. The US Dollar faces pressure due to…
EUR/USD attracts some bids near 1.1300 as the US Dollar faces downward pressure after a two-day recovery. Washington has shown openness to reach a trade…
GBP/JPY trades near the lower end of its daily range after slipping below 189 All key moving averages align with the bearish bias RSI and…
NZD/USD fell sharply toward the 0.5600 zone on Friday, tracking heavy daily losses ahead of the Asian session. Momentum indicators align bearishly, with MACD and…
EUR/USD trades near the 1.1100 zone after strong gains on Thursday’s session following the European close. Despite overbought RSI and a sell MACD, moving averages…
Gold Miners ETF (GDX) shows incomplete bullish sequence from 30 December 2024 low favoring more upside. Up from 30 December, wave (1) ended at 43…
Germany’s ZEW investor confidence survey had a serious glow up in the wake of the German government’s plans to boost infrastructure and defense spending significantly.…
AUD/JPY moved lower ahead of the Asian session, extending its losing streak to two days and trading near the 93.00 area. Selling momentum appears to…