XAU/USD (Gold) Technical Analysis: Gold is hovering around $2,675, consolidating near key resistance. I’m keeping an eye on the 50-day moving average at $2,668, which is acting as support and maintaining a bullish short-term outlook. The RSI is...
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AUDUSD AUD/USD outlook: The Australian Dollar (AUD) is facing significant headwinds today as it trades near 0.6215 (Buy) and 0.6212 (Sell) against the U.S. Dollar (USD). The Aussie is under pressure due to a combination of China’s economic slowdown...
Technical Analysis The Pound Sterling drops as the UK GDP rose at a slower-than-expected pace, and factory activity contracted in November. Traders have raised BoE dovish bets for February’s policy meeting. Investors await the US weekly jobless...
Forecast of AUDUSD The AUDUSD breached the 0.6186 support level on the daily time frame chart last week, but the price then moved to the oversold level on the RSI indicator and several of other technical indicators. The AUDUSD broke above this price...
