AUDUSD AUDUSD outlook: The Australian Dollar (AUD) is facing significant challenges against the US Dollar (USD), trading at 0.6204. This marks a continuation of the AUD's decline, which has lost 9% of its value since the start of 2024. The AUD is...
Crude Oil Technical Analysis Crude oil is currently in a strong downtrend on the M30 timeframe. The price consistently makes lower highs and lower lows, confirming a sell structure. Every time the price tries to move up, it encounters resistance at...
Technical analysis of GBPCAD Today I have a GBP/CAD technical analysis forecast that the market is rising, breaking every resistance level, and the price is rising. The market price creates an ascending channel that moves upwards. The price exits...
The euro experienced volatile volatility, as expected. While the ECB decided to reduce rates, which would usually put pressure on the euro, weaker than the expected data on the American GDP of the American GDP introduced some uncertainty into the...
Critical Factors about EURUSD: The EURUSD market is trading at the 1.0414 level. Recent economic events, including the ECB's press conference, German Economic Sentiment, and French Flash PMI, have not provided any significant benefit to the pair....
