Market Fundamentals: China’s central bank decided to keep the one- and five-year Loan Prime Rates (LPRs) unchanged at 3.10% and 3.60%, respectively. This decision has influenced the AUD/USD pair as traders adjust their expectations. On the domestic...
In my analysis of the NZD/USD trading pair, I observe that the market has recently undergone a substantial decline, which I anticipate may continue in the short term. The price has recently wiped out two bullish candles with a single bearish candle,...
Gold continued to demonstrate his underlying force on Thursday, since he consolidated near his weekly maximums. At the beginning of the week, on Tuesday, Gold reached a new short -term peak of $ 2,930, after an upward reversion of the support, which...
ANALYSIS OF GBP/JPY PAIR. The GBP/JPY pair on the H1 timeframe exhibits a complex yet structured price movement, characterized by notable swings, dynamic trend shifts, and key support-resistance interactions. The 190.40 level emerges as a pivotal...
TRADING CHART ON USD/CHF H1. Here's our daily look at the USDCHF. We're checking out the price changes on the 1-hour chart, mainly looking at supply and demand. The price is near 0.8913. The closest demand area is around 0.8866, with another one...
