AUD/USD As of today, AUD/USD is trading around 0.6347, showing a slight recovery from recent lows. Here’s my take on its technical and fundamental outlook. Technical Analysis: The pair is moving within a bullish channel, with key support around...
General Points about GBPCAD: Coincidentally, both the Canadian and UK Retail Sales rates will be released today. Reports measuring consumer spending and economic activity in both countries play a key role in market movements. A weaker-than-expected...
EUR/USD Fundamental Analysis: EUR/USD is struggling for direction today as mixed economic data keeps the pair in a tight range. The latest PMI reports from the Eurozone indicate slower-than-expected manufacturing growth, adding to concerns about...
Stick Sandwich Candlestick Pattern The Stick Sandwich is a candlestick pattern that is often used in technical analysis to identify potential market reversals. It consists of three candlesne large candle, followed by a small candle, and then another...
Market Fundamentals: Investors are closely monitoring Federal Reserve Governor Michelle Bowman's upcoming speech for potential insights into future interest rate policy. However, given that Bowman is participating in a symposium on banking, it...