Following a robust Jobs report for October, market participants have dialed back their predictions of a significant 50 basis points (bps) rate cut in November. This upbeat employment data alleviated concerns about economic growth and consumer...
AUD-USD PAIR REVIEW On the AUD/USD chart on the 1-hour time frame that you attached, there is a fairly strong downward trend since the last few days, marked by the price continuing to move below the orange Moving Average (MA) line. This MA line...
Trading journal Monday, November 04, 2024 USDCAD Assalamu'alaikum and good morning fellow traders. How are you? Hopefully you are still in good health. Hopefully all activities carried out can run smoothly until tonight. At the beginning of this...
EUR-USD PAIR ANALYSIS From the technical side of the strategy using the RSI 14 indicator, its current value is above the medium value of 50%, which is considered 55%. So that means that the performance of the price movement of the eurusd pair until...
EUR-USD PAIR REVIEW On this H4 EUR/USD chart, it can be seen that the price has experienced a fairly sharp downtrend in the last few weeks. However, after reaching a recent low, the price began to recover and formed a pullback pattern leading to...
