GBP/USD Price Action Signals Our conversation today will delve into the price action analysis of the GBP/USD currency pair. The downward correction in the GBP/USD pair persists. The US dollar has partially regained losses from yesterday,...
Market Fundamentals: The Federal Reserve’s upcoming press conference and release of the Summary of Economic Projections, commonly referred to as the “dot-plot,” are pivotal events that will command the attention of global markets. These updates come...
Market Fundamentals: OPEC+ has maintained significant production cuts in recent years, amounting to 5.86 million barrels per day (bpd), to stabilize oil prices amid sluggish global demand. Analysts estimate that Saudi Arabia holds the capacity to...
Market Fundamentals: The Australian economy is projected to have grown by 1.1% annually, with GDP figures playing a pivotal role in shaping the trajectory of the Australian Dollar (AUD). As a key economic indicator, the GDP data highlights the...
AUD/USD Key Trend Insights Our topic of discussion is the analysis of the AUD/USD currency pair's price movements. On the H4 chart, the AUDUSD pair has recently dropped below the support level at 0.6262 and is trending downward. The price remains...