GBP/ JPY: The Power of Price Action The GDP data report m/m and several other UK economic data released this afternoon showed optimistic results for the outlook for the Pound Sterling currency. This possibility can support the rally in the price...
XAUUSD(Gold) XAUUSD(Gold) outlook: Gold has been under pressure recently due to the strength of the US Dollar (USD) and expectations surrounding the Federal Reserve's interest rate decisions. While global uncertainty and inflation concerns continue...
Navigating the EUR/USD Prices Currently, we are assessing the EUR/USD currency pair's pricing movement analysis. I'm analyzing the EURO-dollar pair on a h4 chart. The EUR/USD pair has been exhibiting interesting price movements on the H4 timeframe,...
The AUD/NZD H4 chart displays a strong resistance level around 1.1124, where price has struggled to break through. This level has been tested multiple times, as seen by price rejections forming near it. The presence of the red moving average, likely...
Market sentiment for AUD/USD seems to favor buyers as Chairman Powell's speech and the US Consumer Price Index were not favorable for AUD/USD sellers. Therefore, it is necessary to act cautiously depending on the new market sentiment. Overall,...
