Upon analyzing the Australian Stock Exchange (ASX) with a focus on COCHLEAR LIMITED – COH, it is evident that wave ((4)) – navy has been identified as a Triangle, indicating a potential upward movement in wave ((5)) – navy. The 1D Chart (Semilog Scale) analysis further supports this observation, highlighting the Major trend (Primary degree,
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When it comes to making investment decisions, it is crucial to understand the risks and uncertainties involved. The information provided on various platforms, including FXStreet, should be seen as a guide rather than a direct recommendation to buy or sell assets. It is essential for individuals to conduct their own thorough research before making any
After analyzing the recent movement of the New Zealand Dollar (NZD), it is evident that there is still potential for the currency to drop below 0.6000. UOB Group FX strategists Quek Ser Leang and Peter Chia have noted that the NZD has shown signs of weakness and could continue to decline in the near future.
EUR/USD has seen a slight uptick to 1.0895 in the early Asian trading session on Monday, marking a 0.12% increase for the day. This movement can be attributed to various factors, including statements from key central bank officials and upcoming economic indicators. The Federal Reserve’s stance on a potential rate cut, as highlighted by Fed’s