The provided chart shows the AUD/USD currency pair on the H1 timeframe. The analysis considers both price action and technical indicators, such as the Relative Strength Index (RSI) and a moving average. Let’s break down the key observations and...
The current market sentiment surrounding Bitcoin is overwhelmingly bullish, yet traders must remain vigilant for any shifts in trading volume as the trend unfolds. In a healthy uptrend, rising prices should be accompanied by increasing trading...
Technical Analysis EUR/USD H-4 Chart Hello everyone, technical analysis of the EUR/USD currency pair on the H4 chart. Current price: 1.040 Moving averages: MA50 : The price is trading below this level, which may show a short-term bearish trend. ...
A stronger-than-expected inflation reading may fuel expectations for more rate cuts by the Federal Reserve, which could be bullish for gold, as lower rates often boost demand for non-yielding assets like gold. Conversely, a weaker inflation report...
Date: 19th December 2024. Federal Reserve Sparks NASDAQ’s Sharpest Selloff of 2024! Key Takeaways: *A hawkish Federal Reserve cut interest rates by 0.25% and indicates only 2 rate cuts in 2025! *The stock market witnesses its worst day of 2024 due...