Hello fellow traders. The currency pair in question has experienced a notable rise recently, and it continues to show upward momentum at this moment. Today, I will attempt to predict the short-term movement of this pair, evaluating whether it will...
GBP / AUD: An Hourlty Time Frame Recommendations It is a good scenario for the bulls of GBPAUD that the Great British Financial Department realized positive news data in the current week. The release of strong economic indicators supported bullish...
Generally, the sentiment continues to lean in favor of the dollar, which suggests that bullish momentum could persist. If buying activity increases, the market may also break the 0.8856 level today. A breakout above this resistance could signal...
One of the primary drivers of AUD/USD fluctuations is U.S. economic data. Key indicators such as non-farm payrolls (NFP), inflation (CPI, PCE), GDP growth, and retail sales have a direct impact on the strength of the USD. A strong U.S. economy...
EUR/USD EUR/USD Forecast: Euro Bulls Retreat to The Sidelines Key Analytics: EUR/USD is trading below 1.0850 after closing in negative territory on Thursday. The near-term technical forecast indicates a paucity of buyer interest. The cautious...