AUD/USD Analysis: Current Market Condition and Key Levels As of Thursday, the AUD/USD pair is trading around 0.6220 and is attempting to break above the descending channel on the daily chart. A successful breakout from this channel could weaken the...
Gold price gains strong positive traction amid the flight to safety after Trump’s tariff remarks. Bets for more Fed rate cuts weigh on the US bond yields and further underpin the yellow metal. A modest USD recovery, along with a positive risk tone,...
Bullish Engulfing Chart Pattern The Bullish Engulfing Chart Pattern is a widely recognized candlestick pattern used in technical analysis. It signals a potential reversal in the market trend, typically indicating that a downtrend may be coming to...
CL(Crude oil) CL(Crude oil) outlook: Today's crude oil market is experiencing fluctuations driven by a mixture of geopolitical tensions, U.S. energy policies, and global supply-demand dynamics. These factors are creating an environment where traders...
GBP/USD As of today, GBP/USD is facing downward pressure due to both technical and fundamental factors. Technical Analysis: The pair is trading within a descending channel, signalling continued bearish momentum. Right now, GBP/USD is hovering...
