New Zealand dollar faces growth challenges

Gold reversed from multi-year resistance level 2065.00 Likely to fall to support level 1.7000 Gold recently reversed down from the major multi-year resistance level 2065.00, which has been reversing the price from the middle of 2020, as can be seen below. The resistance level 2065.00 was strengthened by the upper daily and the weekly Bollinger […]

The British pound is drifting on Monday. GBP/USD is trading at 1.2768 early in the North American session, up 0.08% on the day. Wage growth expected to slide The UK releases the employment report for the three months to June and we could see signs of a cooling labour market. Annualized average earnings including bonuses, […]

Japan’s Nikkei225 index hit new highs since February 1990 on Thursday morning and climbed above 35000. The rise accelerated sharply this week after breaking above the 34000 level, which acted as resistance in the second half of 2023. The fundamental reason for buying was the dramatic drop in expectations that the Bank of Japan would […]