Yearly Technical Outlook 2025 – AUDUSD, NZDUSD, USDCAD

Markets The Japanese Cabinet Office downgraded its growth assessment for the first time since November in today’s monthly report. Weakness in private consumption and production are to blame. The economic recovery is likely to remain tepid after unexpectedly slipping in recession in H2 2023. The first downgrade of production in almost a year comes as […]

In the past five days, the year-to-date laggard Dow Jones Industrial Average (DJIA) has played a positive catch-up. On a rolling 5-day performance basis, the DJIA has outperformed with a gain of +1.10% over the Nasdaq 100’s loss of -0.70% due to recent softness seen in the share price of Nvidia. Watch the key short-term […]

Gold dives towards 2,300 MACD and RSI decline from overbought regions Gold prices have been underperforming in the past two days, breaking back below the 2,320 and the 20-day simple moving average (SMA). Momentum indicators are pointing to a negative bias in the short term with the RSI ticking strongly to the downside. The MACD […]