Current Price Action and Trend Direction The AUD/USD pair on the H1 timeframe is exhibiting a clear upward trend, characterized by a series of higher highs and higher lows following an initial consolidation phase around the 0.6620-0.6640 area. Price...
The EUR/USD exchange rate is currently exhibiting a renewed bullish bias as 2025 draws to a close, trading near the 1.1806 mark on Wednesday, December 24. This recent climb, which saw the pair touch a multi-month high of 1.1804 earlier in the week,...
XAUUSD 1-hour timeframe: The RSI rises to 58 on the 1-hour XAUUSD chart, hammers fending off sellers attempts to break the $4434.00 support level, highlighting intraday support for buyers holding positions. Rebounds in the wicks absorb liquidity...
Eurozone Fundamentals ECB Outlook According to recent polling and market projections, the ECB is expected to hold interest rates steady through the end of 2026, reflecting moderation in inflation and a balanced growth outlook across the eurozone....
1. Market OverviewOn the M1 timeframe, GBP/USD is trading around 1.3517, showing strong short-term bullish momentum after a sharp intraday pullback. The market reflects active participation from intraday traders, with price reacting quickly to minor...
