The Aussie dollar rebounded sharply in early trading, but the broader picture suggests the market is looking for a clear direction. Similar to the Euro, the Aussie appears to be forming a consolidation range, with key technical levels shaping its...
Broader risk sentiment continues to exert significant influence on the trajectory of the pair, as traders grapple with geopolitical uncertainties and shifting U.S. policy expectations. The fragile global market sentiment, compounded by concerns such...
Gold's trajectory reflects market hesitation as investors await crucial Federal Reserve updates. The Federal Open Market Committee (FOMC) meeting minutes and an upcoming speech by Fed Chair Jerome Powell are in sharp focus, with traders seeking...
GBP/USD Technical and Fundamental Analysis and Key Concepts The GBP/USD market is clearly bearish during today’s trading session. The hourly chart shows prices below the 100-period Exponential Moving Average (EMA) and the 20-period Simple Moving...
On Monday, the cable held steady just below the 1.2550 mark, reflecting a lack of clear direction for the price against the Dollar. With limited economic data from both the UK and the US, traders remained cautious, awaiting catalysts to break the...
