The AUD/USD chart on the H1 timeframe shows a clear downtrend that has been ongoing since mid-February. The pair have struggled to maintain any significant bullish momentum, with each upward attempt being met with selling pressure. The current price...
Market Fundamentals: While the Governor expressed moderate confidence that inflation will return to the bank's 2% target, she also acknowledged that upside inflation risks had eased but were not entirely gone. When asked about the possibility of a...
EUR/USD experienced a strong rebound on Monday, reclaiming the 1.0500 level as the US Dollar faced renewed selling pressure. The Greenback’s retreat was fueled by declining Treasury yields and broader concerns about US trade policies, which led to...
The New Zealand Dollar (NZD) faced increased selling pressure in recent sessions, declining to a low of 0.5587 before stabilizing. Despite being in oversold territory, technical indicators suggest that further downside pressure is diminishing. The...
Market Fundamentals: A stronger Producer Price Index (PPI) from Japan has increased the likelihood of further monetary tightening by the Bank of Japan (BoJ), which, along with ongoing geopolitical risks, continues to support the safe-haven Japanese...
