The Federal Reserve is set to announce its latest policy decision later today, with markets widely expecting a 25 basis point (bps) rate cut. While this move is largely priced in, all eyes will be on the remarks from Fed Chair Jerome Powell. Traders...
The pair is approaching a critical juncture, with technical indicators suggesting a potential downside shift. A key support level around 0.8900 is in focus, and traders are closely monitoring whether the pair can hold above this threshold. The...
The Australian Dollar (AUD) has recently gained a temporary boost, driven by the ongoing weakness of the U.S. Dollar. However, external risks—particularly those stemming from China—could soon erode these gains. Geopolitical tensions, including the...
The confirmation of a Hanging Man candlestick pattern suggests potential short-term bearish pressure, signaling that the pair could face a pullback shortly. While the U.S. Dollar has shown resilience, recovering some of its recent losses, the...
Market conditions remain highly uncertain, presenting a volatile environment for traders. One of the key risks comes from the potential for a bearish breakdown due to the Rising Wedge pattern, which could signal a reversal after the recent uptrend....
