The AUD/USD pair is navigating through a period of consolidation, with the possibility of a rebound that could see gains ranging between 41 and 57 pips. The pivot point at 0.6202 serves as a key reference level for traders looking to determine the...
EUR/USD Technical and Fundamental Analysis In the H4 timeframe, the EUR/USD market structure is in an uptrend, and the price action supports buyers. The pair is testing a critical support level at 1.13800, which is also in line with the 200-day...
The resignation of Michael S. Barr as Fed Vice Chair for Supervision played a key role in this rally, as Barr has been known for his strict regulatory stance on banks engaging with and holding cryptocurrencies. His departure has eased concerns over...
The US Dollar (USD) strengthened last week following a series of encouraging economic data releases, reinforcing the resilience of the US economy. Investors are now closely watching the advanced Q3 Gross Domestic Product (GDP) figures, alongside...
US crude oil inventories surged unexpectedly last week, with the American Petroleum Institute (API) reporting a significant increase of 10.9 million barrels for the week, in contrast to the previous week's decline of 1.5 million barrels. Market...