The Australian economy is currently facing a period of significant uncertainty, with various factors influencing the outlook for the Australian Dollar (AUD). While the Reserve Bank of Australia (RBA) has maintained an aggressive stance on inflation,...
Technical outlook: Gold price Gold prices increase despite a slight rise in the US Dollar following mixed PMI data. Investors await the Fed’s interest rate decision and economic projections, expecting a 25 bps cut on Wednesday. The market speculates...
USD/CAD From my perspective, USD/CAD seems to be consolidating around the 1.3700 level. I’ve noticed strong support at 1.3650 and resistance at 1.3750, keeping the pair in a relatively tight range. The pair is still trading above both its 50-day...
The Spot price has been trending upwards, reaching around 154.50 during the early Asian session on Monday. However, it has since pulled back slightly as the US Dollar (USD) retreats from a nearly three-month high achieved in the previous trading...
EUR-JPY PAIR ANALYSIS I will try to analyze the EUR/JYP currency pair on the H4 timeframe. For the EUR/JYP currency pair, the price conditions are also the same, playing above the Moving Average Indicator period 21 and also the Moving Average...
