Market Fundamentals: The Reserve Bank of Australia (RBA) will monitor economic data, including employment figures, to guide its future policy decisions. Recently released data revealed a stronger-than-expected increase in jobs, which added pressure...
Gold Technical and Fundamental Analysis Gold (XAU/USD) is currently in a downtrend on the 1-hour chart, forming lower highs and lower lows, confirming a bearish market structure. As long as the trend remains bearish, gold prices may continue to fall...
Market Fundamentalsata released by the Bank of Japan reveals that the Services Producer Price Index (PPI) increased by 2.9% year-on-year (YoY), up from 2.6% in the previous month. This rise follows last week’s stronger consumer inflation data from...
Crude Oil Technical and Fundamental Analysis When we analyze crude oil in the 30-minute time frame, the market structure is bearish as it recently broke its previous low. This breakdown indicates a possible downward movement in the coming sessions....
NZDUSD currency pair - D1 chart. After the last growth wave updated the previous maximum, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it. It is only needed to detect divergence,...
