Navigating the intricate dynamics of the currency pair requires balancing macroeconomic fundamentals with technical indicators. The US Dollar has been recovering from recent losses, while Canada’s subdued growth prospects further complicate the...
GBP / AUD: An H4 Time Frame Recommendation Yesterday was not a good day for the Bulls of GBPAUD. They lost their value as the market dropped and hit the 1.9975 level. Today, Friday is the last day of the week which has some extraordinary movement....
EUR/USD Technical Analysis Current Price: As of today, EUR/USD is trading around the 1.0650 level. Trend: I’m seeing a consolidation phase in the pair, with a slight bearish bias. The price has struggled to break above the 1.0700 resistance level,...
Global economic dynamics, particularly the U.S. economy and China's growth trajectory, continue to exert significant pressure on the Australian Dollar (AUD). Without a substantial shift in these global factors, the AUD is likely to face sustained...
The spot price faces persistent challenges, struggling to gain traction amid a confluence of unfavorable factors. Key issues include uncertainty surrounding the Bank of Japan's policy direction, underwhelming economic data, and shifting global risk...
