RBA’s Assistant Governor Sarah Hunter recently indicated that these rates are contributing to what is expected to be a mild economic downturn. While the labor market remains tight, showing levels of employment growth, Hunter emphasized that this...
EURUSD currency pair - H4 chart. The wave structure here is building its order downwards. The MACD indicator is in the lower sales zone. The news from the USA regarding technology largely and predictably declined. And the technology from the...
The Cable recently experienced a notable decline, falling to a four-week low against the US Dollar (USD), with the exchange rate reaching 1.2470. This drop came as market participants reacted to the threat of new tariffs from former President Trump,...
The EURCAD pair finally managed to push up after consolidating for almost a day. The price opened last Friday at 1.4923, and the previous day's decline tried to rise after being rejected from the EMA 200 H4 and EMA 633 H4, with a position close to...
As the pair closes in on a significant historical trendline, it is now forming a Rising Wedge pattern, a technical formation that typically signals a bearish reversal. This pattern suggests that the pair may be poised for a downward breakout,...
