Daily Pivots: (S1) 1.4351; (P) 1.4401; (R1) 1.4497; More… USD/CAD’s rally accelerates further higher and breaks through 1.4391 medium term projection level. There is no sign of topping yet and intraday bias stays on the upside, Next target is 1.4667 long term resistance. On the downside, below 1.4304 minor support will turn intraday bias neutral […]
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NZD/USD has dropped to its lowest level since October 2022, trading around 0.5620. The currency pair is under pressure from two major factors: the strengthening US dollar and New Zealand’s weak domestic economic data. The Read more…
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Gold rises above 2,600 again RSI and stochastics suggest more upside moves Gold prices are recouping some significant losses that were posted after the Fed’s policy decision on Wednesday to cut rates by 25 bps. Read more…