Consumer Price Index Trends in Australia and Market Reactions Overview of Australian Inflation The Trimmed Mean Consumer Price Index (CPI), closely monitored by the Reserve Bank of Australia (RBA), has shown a decline to 3.5% in the third quarter,...
Technical Analysis of Gold The technical analysis of the 4-hour chart shows the price breaking the ascending blue channel that represents the general trend of gold during the previous two trading weeks. The channel line was broken during the...
The GBPUSD currency pair exhibited a bullish movement in yesterday's trading session and is currently trading at 1.2665, which is higher than the opening price from the previous day. When analyzing the H4 time frame, we can observe that the GBPUSD...
The USD/JPY H1 chart presents a clear downward trend, characterized by a series of lower highs and lower lows. The price action has been consistently trading below the middle Bollinger Band, indicating strong bearish momentum. The Bollinger Bands...
The AUD/USD H1 chart reflects a strong bullish trend, with the price consistently trading above the middle Bollinger Band. This suggests that buyers remain in control, pushing the price to recent highs around 0.6390. The expansion of the Bollinger...
