EUR/USD Technical Analysis EUR/USD is currently in a downtrend on the H1 timeframe, with the price trading around 1.07909. The 150-period moving average (MA) is sloping downward, confirming bearish sentiment. The price remains below this MA,...
I think the current market sentiment remains mixed, with traders weighing the impact of the European bond issuance against broader macroeconomic trends. I suggest keeping an eye on key support and resistance levels, as they will likely play a...
Gold Current Market Overview Gold is trading at 2902, recovering from a daily low of 2896. The market is still bearish, with gold trading below the 100 Exponential Moving Average and 20 Simple Moving Average on the H1 chart. The Relative Strength...
Market Fundamentals: China’s central bank decided to keep the one- and five-year Loan Prime Rates (LPRs) unchanged at 3.10% and 3.60%, respectively. This decision has influenced the AUD/USD pair as traders adjust their expectations. On the domestic...
The current situation in the USD/CAD pair presents a complex and somewhat murky picture, making it challenging to determine the next clear direction. The recent decline in the pair aligns with the broader weakening of the US dollar following the...
