Weekly Analysis of AUD/USD Movement Overview of AUD/USD Performance The Australian Dollar (AUD) has shown a strong recovery against the US Dollar (USD), bouncing back to approximately 0.6280 after a weaker opening at around 0.6235 during Monday's...
Current Account Balance in Japan The Ministry of Japan recently reported a significant decrease in the Current Account balance, which stood at 1,077.3 billion Yen. This figure is notably lower than November’s reading of 3,352.5 billion Yen,...
Market Overview: GBP/USD Technical Analysis The Relative Strength Index (RSI) on the 4-hour chart for GBP/USD remains below 50, signaling a persistent lack of buyer interest. This bearish sentiment is supported by key technical indicators,...
XAU/USD Good Morning guys! The market of XAU/USD will drop sharply down and cross the 2842 zone later, as it currently lacks a completed correction process. This recent price movement suggests that gold is bouncing up prematurely, failing to...
Oil Price Forecast for February 10, 2025 On the weekly chart, the price briefly dipped below the MACD indicator line before rebounding. The new trading week opened above this line, and the price is currently testing resistance at 71.44. The signal...
