AUDUSD Daily Outlook The AUD/USD pair is currently trading around the 0.62410 mark and is showing signs of consolidation after retreating from the 0.64700 level. The price action occurs in an ascending channel and support and resistance levels play...
Market Fundamentals: The US Dollar is poised for a potential resurgence as market sentiment leans hawkish regarding the Federal Reserve's (Fed) policy outlook. According to the CME FedWatch tool, 30-day Fed Funds futures now show a higher...
Gold Daily Outlook The price of gold is currently trading around $2,890.59 and is showing signs of consolidating after a surge to $2,948. The recent decline indicates a healthy correction rather than a full-blown trend reversal, as key technical...
EURUSD Technical Analysis EURUSD is trading at 1.0491 on the H1 timeframe, showing strong bullish momentum. The price has decisively broken above the 150-period moving average (MA), confirming an uptrend. The continuous upward movement suggests...
Market Fundamentals: While the Governor expressed moderate confidence that inflation will return to the bank's 2% target, she also acknowledged that upside inflation risks had eased but were not entirely gone. When asked about the possibility of a...
