Analysis chart EUR /USD but the Fed meeting and rate decision are next week. Therefore, the Fed will have to rely on current data. Today, data on the producer price index will be released. Yesterday, traders failed to squeeze anything out of the...
Several ECB officials remain comfortable with the outlook for three additional rate cuts this year, following a 25 basis point reduction to 2.75% last month. ECB policymaker Fabio Panetta highlighted that economic weakness in the Eurozone is proving...
Technical analysis of GBPAUD Now I will do a market analysis on the GBP/AUD pair. GBPAUD is the leading currency pair in the foreign exchange market. I am looking at the GBPAUD h1 timeframe chart. The market is currently in between support and...
GBP/USD Technical Analysis and Forecast The GBP/USD market is currently exhibiting a bearish trend. It recently fell to 1.29199 before starting a recovery. The GBP/USD market trades around 1.29361, indicating a slight recovery. The US dollar is...
GOLD TECHNICAL ANALYSIS If we try to look at the movement on H4 as a whole, it is actually still visible that the upward movement in GOLD can still happen again, although yesterday there was a decline first, but from the existing decline it has not...
