Currency pair AUDUSD - D1 period chart. January has passed and the downward wave structure on this chart can be said to have already broken after the last growth wave updated the maximum of the previous wave. The MACD indicator is still in the lower...
February 2, 2025 After climbing to around the 1.05300 level early on Monday of last week, the EUR/USD began to see buyer remorse hit the currency pair. The EUR/USD currency pair is trading around 1.0366. When the ECB lowered its interest rate as...
#AUD/USD The US President moved from loud statements to actions, imposing tariffs on his neighbors and China, and in the same decree, he mentioned the possibility of increasing tariffs if the countries that imposed tariffs on them impose...
The British Pound (GBP) remains under pressure against its major counterparts on Friday, despite reduced expectations for aggressive rate cuts by the Bank of England (BoE). The decline follows the UK Labour government's Autumn Forecast Statement,...
The Euro (EUR) faces renewed selling pressure after the latest Eurozone ZEW Economic Sentiment survey came in significantly weaker than expected, dropping to 12.5 from the prior 20.1 forecast of 20.5. This decline reflects a growing divide between...