Market Fundamentals: RBA Governor Michele Bullock emphasized that "underlying inflation is still too high to be considering lowering the cash rate target in the near term." While such statements typically provide support to the currency, the AUD/USD...
Technical analysis of EURJPY Today I will show you EUR/JPY technical analysis. The market is currently in a downtrend. Where is the market between our resistance at 161.40 and support at 159.99; if the market breaks our support, it falls. If the...
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 GBPNZD Today I choose GBP/NZD for technical analysis. The market price fell a few days ago and broke the falling support level. At this point, the market price bounced back to support at 2.1900 after breaking the resistance and...
The Euro moved less in front of today's European Central Bank division. At the European meeting, EUR/USD is currently traded for 1.0396, which is 0.23% per day. ECB is expected to reduce rates to a minimum of two years The European Central Bank is...
