The Reserve Bank of Australia (RBA) is expected to begin cutting interest rates in May 2025, according to analysts at ANZ and Westpac, who have pushed their forecasts from March due to persistent inflationary pressures. The Australian Dollar (AUD)...
EURJPY Analysis The EUR/JPY currency pair family chart shows a strong decline in the descending channel, indicating that bearish sentiment prevails. The price is moving between two converging trend lines and forms a falling wedge pattern. This...
AUDUSD H4 Forecast The 4-hour chart of the AUD/USD pair indicates a strong bearish move as the price broke a key uptrend line. This indicates that the previous uptrend is losing steam and sellers are now in control. The price continues to decline,...
On the daily chart of this currency pair AUDUSD, you can see how, since beginning the current February, the price has made a dip downwards, with a price gap, and updated the minimum of the previous January. A bullish divergence has formed on the...
I have recently observed a bearish volume on the PR indicator on the H4 chart, aligning with the resistance level of 1.2702. As soon as this level was touched, the price began to decline, confirming my bearish outlook. I also see that the basement...
