The latest US inflation data revealed that the core gauge, which excludes volatile food and energy prices, rose 2.8%, aligning with the previous month’s reading but falling short of market expectations of 2.9%. Meanwhile, Personal Income saw a...
AUDUSD AUDUSD outlook: The Australian Dollar (AUD) is facing headwinds against the US Dollar (USD) today. The USD remains strong on the back of resilient U.S. economic data and expectations that the Federal Reserve will keep interest rates higher...
For the USDJPY currency pair, it is currently still seen trying to move down again, since the market opened at the beginning of this month the price has dropped again breaking through the Simple Moving Average 60 and 150 indicators, giving an idea...
Adding to the bearish sentiment, crude oil has found immediate support at $70.00, a critical level that currently provides some relief and potential for a rebound. Despite temporary support, the overall trend is still negative, as shown by various...
The gold market continues to exhibit a robust bullish structure on the daily chart, anchored by a well-defined ascending price channel that has governed price action for over a year. This channel emerged following a decisive rebound from the...