The Reserve Bank of New Zealand is widely expected to leave the Official Cash Rate unchanged at 2.25% in the upcoming Asian session, with consensus firmly aligned around a hold. NZD/USD may see a relief bounce if the RBNZ delivers a hawkish hold, but the broader downtrend is unlikely to reverse as weak domestic demand…
Outlook The FX market is paralyzed by conflicting sentiments. This happens sometimes and we identify it when typing the new quotes into the spreadsheet. Today the euro was 0.0001 different from the day before. The AUD and CAD were the same. The dollar lost an interesting amount only against—the peso. As we also see in…
BitcoinWorldForex Markets Brace for Impact as Trump’s Critical Deadline Looms Global forex markets entered a cautious holding pattern on Tuesday, with traders worldwide reducing risk exposure as former President Donald Trump’s self-imposed deadline for significant policy announcements approaches. Major currency pairs, particularly those involving the US dollar, exhibited unusual restraint during the Asian and early…
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Daily Pivots: (S1) 1.6649; (P) 1.6695; (R1) 1.6731; More… Intraday bias in EUR/AUD remains neutral and more consolidations could be seen below 1.6842. On the upside, above 1.6842 will resume the rebound from 1.6125 to 38.2% retracement of 1.8554 to 1.6125 at 1.7053. However, break of 1.6561 minor support will argue that the rebound fro…
Key Highlights WTI Crude Oil prices regained traction and cleared the $105 resistance. A key bullish trend line is forming with support at $106 on the 4-hour chart of XTI/USD. Gold is facing a major hurdle near $4,820. EUR/USD seems to be consolidating above the 1.1500 support. WTI Crude Oil Price Technical Analysis WTI Crude…
WTI oil price edged lower on Monday after hitting new marginally higher high ($115.42) on a partial profit taking from over 13% rally in the previous trading session on Thursday. Traders were cautiously optimistic and awaited more details about potential peace talks between the USA and Iran but remain on high alerts on threats of…
Subscribe To Notifications Scan QR code to install app Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties….
Subscribe To Notifications Scan QR code to install app Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties….
Subscribe To Notifications Scan QR code to install app Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties….