The Reserve Bank of Australia's (RBA) closely watched Trimmed Mean Consumer Price Index (CPI) showed a decline to 3.5% in the third quarter from 4.0%, yet inflation remains above the central bank’s target range of 2%-3%. This persistent inflationary...
GOLD Technical Analysis 21 February 2025 Technically, I see that this Gold commodity has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the following 1 Hour Time Frame Gold chart image...
USD/JPY Technical Analysis: USD/JPY is trading around 150.20, holding steady after testing key resistance at 150.50. The pair is still in an uptrend, with the 50-day SMA providing strong support near 149.50. The 200-day SMA at 147.80 reinforces the...
Traders are bracing for significant shifts in global trade policy under a potential Trump administration, with expectations that he could sign over 200 executive orders upon returning to the White House. Among the anticipated measures are higher...
GBP/USD Technical Analysis: GBP/USD is hovering around 1.2600, struggling to gain momentum. I’ve been watching the 1.2650 resistance level, which the pair tested recently, but sellers quickly stepped in. The 50-day SMA is acting as a ceiling, while...
