Australia's monthly Consumer Price Index (CPI) increased by 2.3% year-over-year, surpassing market expectations of 2.2% and marking a slight rise from the previous months' 2.1% increases. This marks the highest CPI reading since August. Despite this...
ANALYSIS OF #CL PAIR. On the 4-hour timeframe for Crude Oil (#CL), the price action has undergone a violent and precipitous decline, reflecting heightened bearish pressure that has invalidated prior bullish structure. The chart reveals a dramatic...
The EUR/USD currency pair exhibited a notable recovery during Asian trading hours, rebounding from the 1.0880 region. This movement signals a pause in the pair's descent from levels observed around mid-1.1100, a high point not witnessed since...
GBPUSD Daily Outlook The GBP/USD daily chart reflects a clear structural rejection of the upper boundary of the rising wedge pattern that has dominated price action since early January 2025. The price has been steadily rising within a well-defined...
News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...