The AUD/USD chart on the H1 timeframe shows a clear downtrend that has been ongoing since mid-February. The pair have struggled to maintain any significant bullish momentum, with each upward attempt being met with selling pressure. The current price...
Market Fundamentals: A stronger Producer Price Index (PPI) from Japan has increased the likelihood of further monetary tightening by the Bank of Japan (BoJ), which, along with ongoing geopolitical risks, continues to support the safe-haven Japanese...
I have analyzed the USDJPY currency pair, and I believe the current market movement aligns with my expectations from a week ago. I anticipated that the pair would rise to the mirror level of 150.90, and today it even surpassed this level slightly,...
Market Fundamentals: The US Dollar is poised for a potential resurgence as market sentiment leans hawkish regarding the Federal Reserve's (Fed) policy outlook. According to the CME FedWatch tool, 30-day Fed Funds futures now show a higher...
Technical analysis of XAUUSD Today I choose gold for technical analysis, the gold market is at permanent support, and the market is rising from the 2877 support. While the price of gold is down on the 1-hour time frame, the market price is likely to...
