NZD/USD slightly rebounds, hovering near the 0.5900 mark, but remains under a clear bearish influence. The pair lost more than 4% in July, underscoring a […]
Tag: Price
Silver Price Analysis: XAG/USD ends losing streak, still tumbles below $28.00
Silver posts 0.31% gain, finishing the week with over 4% losses. Technical outlook indicates potential deeper correction if prices drop below $27.00. Resistance seen at […]
Gold price falls back from historic heights – Commerzbank
Gold has fallen in recent days, but after a price increase of almost $200 between the end of June and mid-July, Commerzbank’s Commodity Analyst Barbara […]
GBP/USD Price Analysis: Stays subdued at around 1.2850
GBP/USD stabilizes at 1.2858 after sellers failed to clear the 1.2900 level. Momentum favors buyers, but long positions in Sterling risk vulnerability if BoE cuts […]
NZD/USD Price Analysis: Pair gave up and lost the 0.6070 vital area
NZD/USD trudges below the 0.6070 level, marking its worst week since January. The pair closed at 0.6010, indicating a weekly loss of approximately 1.80%. NZD/USD […]
NZD/JPY Price Analysis: Continues to plunge as sellers reign supreme
Friday’s trading session saw the NZD/JPY pair resuming its losses, exacerbating the bearish momentum. Cross ends the week with a near 2% loss. Sellers are […]
Gold price stumbles beneath $2,400 drops to five-day low
Gold drops to $2,399, down 1.50%, after hitting a high of $2,447. Concerns over China’s economic growth and Trump’s election prospects boost the Greenback. US […]
Gold price rallies and surpasses $2,400 on tempered US inflation
Gold skyrockets above $2,400 after softer US CPI sparks hopes for Fed rate cuts in 2024. US 10-year Treasury yield drops 10 basis points to […]
NZD/JPY Price Analysis: Bears seize control, key 20-day SMA broken breached
NZD/JPY ended Thursday’s session with a significant decline. The bears successfully pushed the pair below the crucial 20-day SMA, signaling a shift in command. In […]
USD/JPY Price Analysis: Trends upward for third-straight day, buyers eye 162.00
USD/JPY gains over 0.30%, buoyed by Powell’s stance against rate cuts without clear disinflation. Technicals hint at resistance near the 162.00 mark; RSI approaches overbought […]