Tag: Forecast

NZD/USD drifts lower despite stronger NZD CPI print and snaps a six-day winning streak. A modest USD uptick fails to assist spot prices to make […]

Gold price slumps to near $2,985 in Monday’s early Asian session. The stock market selloff has prompted investors to cover losses.  Intensifying trade war and geopolitical […]

Gold price rebounds to around $3,115 in Thursday’s late American session.  The heightened economic uncertainty supports the safe-haven demand, supporting the Gold price.  Traders await […]

NZD/JPY must break above 85.03 (Tenkan-Sen) to extend recovery. Key resistance levels lie at 85.40 (Senkou Span A) and 85.66 (Kijun-Sen). Failure to hold above […]

USD/CAD retreats from 1.4485, the highest level since March 2020, approached on Monday. The bullish bias remains intact, with the 14-day RSI holding above the […]

Euro strengthens, trades above 200-day SMA at 0.8425, signaling bullish momentum against Pound. Bulls target January 15 high at 0.8463; breaking this could extend to […]

GBP/USD extends downtrend, slipping below 1.2200 after US inflation release. Next GBP/USD support at 1.2136; potential drop to 1.2100 may hit a new year-to-date low. […]

USD/CHF gains 0.25%, bolstered by reduced expectations of Federal Reserve easing after strong December job figures. ‘Golden Cross’ formation in the 50-day and 200-day SMA […]

AUD/USD falls to near 0.6230 as the RBA opens doors for interest rate cuts. Fed’s fewer interest rate cut guidance has kept the US Dollar […]