Pulse Check: AUD/ USD Price Today, we will discuss the price action analysis for the AUD/ USD currency pair. The quote was recently trading in a narrowing triangle, and then the upper boundaries were broken; the pair went to the resistance of...
Hello, EUR/USD is struggling at 1.0500 in the European session on Wednesday. The pair is trading cautiously amid renewed US dollar strength and French political uncertainty as the government faces a no-confidence vote in a busy day. US data, Lagarde...
XAU/USD, Gold Technical Analysis: Today, I’m seeing gold (XAU/USD) in a bit of a consolidation phase, trading between the $1,930 and $1,950 range. On the 4-hour chart, it looks like gold might be forming a symmetrical triangle, which suggests that...
The Japanese Yen may face downward pressure in the near future, primarily due to rising uncertainties in both political and monetary policy spheres. This instability follows the parliamentary majority win by the Liberal Democratic Party (LDP)...
Date: 4th December 2024. Australian Dollar Dives To Significant Support Level! The decline is largely due to the Gross Domestic Product which rose from 0.2% to 0.3%, but fell short of the 0.5% which traders were expecting. Last Thursday,...
