Robert Petrucci
NZD/USD Analysis: New Zealand Official Cash Rate Cut was Anticipated
The NZD/USD has moved lower in the wake of the interest rate cut by the RBNZ which was widely anticipated by financial institutions and now opens the door to more speculation.The NZD/USD exchange rate is near the 0.60166 ratio as of this writing, this mor...
2 months ago
USD/MXN Analysis: Wagering Prospects upon Return to Key Lower Level
The important 19.00000 is now being challenged in the USD/MXN after the currency pair has sustained near-term bearish momentum following a strong bullish run upwards.The USD/MXN pair this morning is testing the key 19.00000 ratio.The currency pair has pro...
2 months ago
USD/ILS Analysis: Near-Term Bearish Momentum Faces Additional Tests
In early trading this morning the USD/ILS has declined, and touched values not seen since late July before seeing a slight reversal higher as a reaction to early selling today.The USD/ILS currency pair challenged and penetrated below the 3.70000 mark earl...
2 months ago
USD/PKR Analysis: Slight Technical Bullish Trajectory Demonstrated
The USD/PKR continues to show that it is not correlated to USD centric sentiment, and the currency pair seemingly has produced a slightly higher trend.The USD/PKR currency pair remains unimpressed by dynamics in the global Forex market.As of this writing...
2 months ago
USD/INR Analysis: Values Flourish Even as U.S Inflation Data Improves
The USD/INR has maintained the top of its price range the past handful of days, and even after yesterday’s inflation data from the U.S showed a downturn, the currency pair maintained higher ratios.The old saying that you should not fight the trend has a l...
2 months ago
WTI Crude Oil Weekly Forecast: Odd Closing Ends Week and Creates Intrigue
Traders should check the price of WTI Crude Oil they are being quoted as the commodity opens for trading early on Monday, this because closing prices on Friday were reported differently by various sources.CFD traders of WTI Crude Oil should pay strict att...
1 month ago
EUR/USD Weekly Forecast: Bullish Trend Gets Tested but Sustains Key Strength
The EUR/USD continued to attract more buyers last week, particularly after testing a sudden burst of selling on Thursday, opening the door for positive sentiment to remain optimistic.Perhaps the EUR/USD exchange rate will be perceived to have gained too m...
1 month ago
USD/MXN Analysis: Lower Value Begins to Demonstrate Solid Fortitude
The USD/MXN has demonstrated a solid amount of bearishness, as it has reversed in a steady fashion and has correlated with the global Forex market as optimism grows about the Fed becoming dovish.The USD/MXN exchange rate early last week fought off reversa...
1 month ago
USD/ZAR Analysis: Solid Bearish Momentum as Positive Results Combine
The USD/ZAR broke below the 18.00000 level on Friday and was able to sustain its lower push, this morning’s trading has begun with additional bearishness.The South African Rand has produced a robust bearish trajectory via the USD/ZAR pairing.As of this wr...
1 month ago
USD/BRL Analysis: After Big Highs a Welcomed Return to Known Realms
The USD/BRL was able to begin yesterday with another dose of selling which has brought the currency pair back to within trading ranges which speculators may find attractive.The USD/BRL closed yesterday’s trading near the 5.4065 mark, and Monday’s low was...
1 month ago
USD/SGD Analysis: Dynamic Bearish Trend Challenging Key Lower Values
The USD/SGD has now attained additional lows and is challenging values last seen in January of 2023, this as the currency pair shows long-term charts are within speculative sights.The USD/SGD is trading near the 1.30845 level as of this writing, which not...
1 month ago
USD/RUB Analysis: Volatility and Price Velocity Hitting Speculators
The USD/RUB has been hit by a wave of swift price changes the past few weeks as large players transacting the currency pair have shown signs of nervousness, this morning’s trading has been fast.As of this writing the USD/RUB is near the 91.73800 mark with...
1 month ago
USD/MYR Analysis: Powerful Bearish Trend Confronting Long-Term Values
The USD/MYR has run into durable support levels the past couple days of trading, but its bearish trajectory lower has been strong and speculative questions now must be considered.In the middle of July the USD/MYR currency pair was trading near the 4.6935...
1 month ago
USD/INR Analysis: Swift Violent Low Followed by another Move to Highs
The USD/INR is back within the upper realms of its price range as its bounces along near important psychological resistance levels, this after suffering a surge lower which caused pain for retail traders.Forex is difficult enough in an openly traded marke...
1 month ago