EURUSD Daily Time Chart Analysis The GBP/USD pair is currently trading near its 50-day simple moving average. Investors are eagerly awaiting the Bank of England’s monetary policy announcement at 12:00 GMT. The pair is testing a bullish move near...
Last week, I observed significant confusion across the entire market spectrum. At the beginning of the week, I noticed that the pair declined due to a rollback from previous growth. By Thursday, I saw a strong upward movement, which gave me some...
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Market Fundamentals: The Federal Reserve’s reinforced hawkish stance has driven US Treasury yields higher, with the 2-year yield climbing to 4.42% and the 10-year yield reaching 4.80%. This surge in yields continues to bolster the US dollar, keeping...
The AUD/USD hourly chart reflects a well-defined uptrend following a significant dip in early February. The price is currently around 0.6359, showing signs of consolidation near recent highs. Bollinger Bands indicate reduced volatility, with price...