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...
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...
The currency pair’s trajectory is poised at the intersection of several pivotal factors, blending economic fundamentals with technical dynamics. From a fundamental perspective, upcoming U.S. economic data releases, including consumer confidence...
On Monday, the spot price retraced its gains from the previous session against the Dollar. Supported by a hawkish Bank stance and stimulus measures from China, its largest trading partner, the price has showcased resilience in a challenging global...
The spot price continues to be shaped by a combination of fundamental and technical factors, with global economic influences playing a pivotal role in its movement. Crude oil prices and China's economic performance are particularly significant for...
