Australia's Westpac Consumer Confidence index declined by 2% to 92.8, reversing two months of gains and raising concerns about the country’s economic outlook. Despite a 5.3% increase in November, the drop signals wavering consumer sentiment as...
Technical Analysis EUR/USD D-4 Chart The Relative Strength Index (RSI) indicator on the 4-hour chart is flat around 50, reflecting a lack of directional momentum in the short term.On the downside, a strong support zone seems to have formed at...
Looking at what happened this week, it can be said that GOLD is at least trying to make another downward movement and even if we look at last Thursday, GOLD was quite impressively able to make another decline and was able to touch the EMA50 area...
Understanding Smart Money Concept (SMC) in Crude Oil Trading Market Structure: To effectively trade crude oil, it is essential to grasp the overall market structure. This involves identifying trends, as well as key support and resistance levels....
EUR/USD Outlook Greetings and Good Morning guys! Yesterday, the market of EUR/USD crossed the 1.0390 zone successfully. And, it must remain in favor of sellers anymore. So, we can open a sell position with a short target of 1.0321 ahead. Also, the...
