Technical analysis. AUD/USD D-1 Hello, colleagues. Today there is a southward movement for the pair at the moment. On the daily chart, there has been a sideways movement for the pair lately. I wonder if the sideways movement will continue or if we...
Fractals, in the context of technical analysis, refer to a specific type of indicator introduced by Bill Williams. These fractals highlight potential reversal points in price movements. The concept is based on the idea that financial markets exhibit...
Scott Bessent, President Donald Trump's nominee for Treasury Secretary, recently highlighted the importance of maintaining the US Dollar as the world's reserve currency to ensure the nation’s economic stability and long-term prosperity. Bessent...
The crude oil can break through the first barrier at 67. I expect the market will still be good for sellers, just like last month. With positive news about the economy and stable oil prices, there may be chances to buy different currency pairs and...
The GBP/USD pair continues to trade around the 1.2950 level on Thursday, as the US Dollar maintains its resilience amid cautious market sentiment. Despite its recent bullish momentum, the pair faces headwinds from safe-haven demand for the USD,...