The US Dollar (USD) remains under pressure as Federal Reserve Governor Michelle Bowman reiterated her preference for a cautious approach to interest rate cuts, citing persistent inflation above the central bank’s 2% target. Meanwhile, the benchmark...
GBP/USD Technical and Fundamental Analysis Technical Analysis On the H1 timeframe, GBP/USD is currently in an uptrend, having formed a support level at 1.25800 and previously encountered resistance at 1.26300. The market consolidated near this...
Crude oil prices remain under pressure as a weak demand outlook and rising global economic risks weigh on market sentiment. Investors are closely watching the upcoming Q3 Gross Domestic Product (GDP) data from the Eurozone and the United States (US)...
EUR/USD Technical Analysis: EUR/USD is hovering around 1.0800, struggling to gain any real momentum. The pair recently tested 1.0830, but sellers stepped in, keeping it range-bound. The 50-day SMA near 1.0820 is acting as resistance, while the...
AUD/USD Technical Analysis: AUD/USD is trading around 0.6540, struggling to gain any real momentum after facing resistance at 0.6565. The pair is stuck in consolidation, with the 50-day SMA acting as resistance and the 200-day SMA around 0.6500...
