The main event in today's pound (GBP/USD) markets is a speech by the Bank of England's Catherine Mann, the MPC's most hawkish member. Markets will be watching for any comments on the monetary policy implications of the recent budget and any color on...
Technical analysis AUD/USD H-4 The Australian dollar is also believed to be on the rise as commodity prices there have fallen. Because of the disappointing news from China. The Australian dollar is falling not only against the dollar but also...
Gold Price Action Alert We intently analyze the current appraisal of the Gold's pricing behavior in our discussion. The daily chart for Gold to US Dollar suggests a potential shift towards a bearish trend after the price recently broke below a key...
Technical Analysis EUR/USD H-4 chart The pair is trading below the MA50 and MA200 levels, indicating a bearish trend in both the short and long term. Moving Average: MA50: When the price is below this line, it indicates short-term weakness. This...
Bitcoin’s price recently saw a significant decline, breaking below the ascending trendline and falling to just under $87,000 after hitting an all-time high above $90,000. This drop occurred despite Bitcoin reaching the psychological benchmark of...