Market Fundamentals: The Reserve Bank of Australia’s (RBA) determined approach to combating high inflation has shifted market sentiment, with investors now expecting a more gradual reduction in interest rates. Inflation remains stubbornly elevated,...
XRPUSD(Ripple) XRPUSD(Ripple) outlook: XRP is making headlines in the cryptocurrency world, and the market has been buzzing with excitement as the digital asset sees increased movement. As of January 19, 2025, XRP is sitting at 3.25, following a...
WTI oil price eased further in early Monday trading, after last week’s multiple upside rejections at the base of daily Ichimoku cloud ($79.00) left a weekly bull-trap, prompting traders for a partial profit-taking.All eyes are on inauguration of the...
GBP/USD Technical Analysis and Forecast The GBP/USD market was bullish today, briefly touching the 1.23246 level before returning. It is now trading around the 1.22838 mark, showing signs of consolidation. On the hourly chart, although the GBP/USD...
Market Fundamentals: Geopolitical risks are rising as reports emerge that U.S. President Biden discussed plans to attack Iran’s nuclear facilities if Tehran moves closer to developing a nuclear bomb before Donald Trump’s inauguration. This...
