The NZDUSD pair is currently positioned at a key technical level, indicating potential movement in either direction. However, with major USD-related economic data set to be released shortly, the market is poised for increased volatility. Key USD Data (Release Time: Today): Core Retail Sales m/m: Forecast at 0.1% (previous: 0.1%) Retail Sales m/m: Forecast at...
Great news, traders! The AUDCAD pair has reached our target of 0.9226, as anticipated. 🚀 Trade Overview: Entry Point: 0.9187 (Pivot Level) Target Hit: 0.9226 🎯 Market Sentiment: Bullish Both the Super Trend and Pivot HL indicators accurately signaled the upward movement, and the market delivered, hitting our target with precision. 📈 What’s Next? With our...
Current Market Position: The AUDCAD currency pair is currently trading at the 0.9187 pivot level. Market Bias: Bullish - The outlook indicates a strong potential for upward movement. Technical Indicators: Both the Super Trend and Pivot HL indicators are signaling a high probability of bullish continuation. This suggests that the market may maintain its upward...
As we approach the European Central Bank’s (ECB) rate decision, the euro zone economy has shown modest signs of recovery in recent days. A range of economic indicators suggests that activity, while still subdued, is gradually improving. This growth is significant for a region that has narrowly sidestepped recession for over a year, indicating a potential turning...