The US dollar hit resistance at the ¥158 level and pulled back slightly in recent trading. However, this appears to be part of a broader consolidation phase as the pair builds momentum for an eventual breakout to the upside. The long-term bullish...
Trading journal Monday, December 30, 2024 USDCHF Assalamu'alaikum and good afternoon. I want to update the trading journal which of course is a learning material for all of us, especially myself. Please read and pay attention. There is still a...
Morgan Stanley highlights two critical risks to US economy US President-elect Donald Trump and his aide, Tesla and SpaceX CEO Elon Musk, are ready to fight for the prosperity of the American economy. Full of enthusiasm, they are determined to...
AUD/USD Analysis Current Price Action The AUD/USD trading pair is currently at approximately 0.6224. The price action from yesterday has formed a strong bearish candlestick, indicating a robust downtrend. Technical Indicators RSI The Relative...
The pair remains locked within a narrow range around 1.4380 during Monday’s European session, reflecting subdued trading activity in a holiday-curtailed week. Consolidation dominates the scene amidst muted market movements, yet the broader outlook...
