The spot price faces persistent challenges, struggling to gain traction amid a confluence of unfavorable factors. Key issues include uncertainty surrounding the Bank of Japan's policy direction, underwhelming economic data, and shifting global risk...
GBP / AUD: An H4 Time Frame Recommendation Yesterday was not a good day for the Bulls of GBPAUD. They lost their value as the market dropped and hit the 1.9975 level. Today, Friday is the last day of the week which has some extraordinary movement....
Global economic dynamics, particularly the U.S. economy and China's growth trajectory, continue to exert significant pressure on the Australian Dollar (AUD). Without a substantial shift in these global factors, the AUD is likely to face sustained...
The absence of a clear consensus among European Central Bank (ECB) policymakers has added complexity to market sentiment, particularly in predicting the institution's next steps on interest rate decisions. Divergent views on potential rate cuts...
European gas storage levels have dropped to 79% capacity, a notable decrease compared to 89% at the same time last year and below the five-year average of 81%. This shortfall is raising alarms about potential supply shortages as winter demand...
