The beginning of the day has been quite intriguing, as I observed the market nearly reaching the target of 1.2690, falling just short of the 1.2700 mark. I find it noteworthy that the targets were achieved in the morning, which suggests a rebound...
Market Fundamentals: Traders are closely watching key economic data releases that could influence the shared currency’s performance. The European trading session will begin with German Industrial Production figures, followed by the highly...
of England (BoE) Deputy Governor, Ben Broadbent, recently warned that U.S. trade tariffs pose a significant risk to global economic growth, citing their negative impact across various timeframes. However, he refrained from quantifying the potential...
Atlanta Fed President Raphael Bostic emphasized the need for a cautious approach to monetary policy, citing uneven progress in curbing inflation and advocating for maintaining elevated interest rates. Meanwhile, US President Donald Trump refuted a...
TRADING CHART ON AUD/USD H1. Here's a look at the AUDUSD pair on the 1-hour chart. We'll examine its price, now about 0.6365. We'll use both technical and basic analysis to find key areas. We'll look at the closest areas where selling pressure might...
