The Australian Dollar (AUD) is underperforming other major currencies on Thursday amid concerns that the Reserve Bank of Australia (RBA) may hike interest rates later this year, given the recent September employment numbers. In the forex market...
Summary Of Basic Forex Terms The forex market is one of largest financial markets in the world, where currencies are traded against each other. To become a successful forex trader, it is essential to understand the basic terms used in trading. These...
AUD/USD Chart Evaluation HTF Contextaily 0.69122 Sits 125 Pips Below Yellow SMA-200 I Read Exhaustion Although Daily closed at 0.69122 with open 0.69739 high 0.69830 low 0.69114 below SMA-200 yellow 0.70380 and below SMA-50 magenta 0.70860 with...
#US Dollar Index Prices: A Formal Approach The dollar remains supported by the Federal Reserve’s relatively hawkish stance amid sticky inflation and elevated US Treasury yields, which continue to widen interest-rate differentials in favor of the...
Forecast of Gold The H1 time frame chart of Gold shows that it crossed the moving average lines to the upside today, but later, when price dropped to retouch the moving average lines that time it crossed the moving average lines to the downside....
