The Australian Dollar (AUD) has recently gained a temporary boost, driven by the ongoing weakness of the U.S. Dollar. However, external risks—particularly those stemming from China—could soon erode these gains. Geopolitical tensions, including the...
The confirmation of a Hanging Man candlestick pattern suggests potential short-term bearish pressure, signaling that the pair could face a pullback shortly. While the U.S. Dollar has shown resilience, recovering some of its recent losses, the...
Strong Retail Sales data have recently provided a boost to market sentiment, signaling continued strength in consumer demand. This uptick in retail activity is important because it could fuel inflationary pressures, which, in turn, may influence the...
Market conditions remain highly uncertain, presenting a volatile environment for traders. One of the key risks comes from the potential for a bearish breakdown due to the Rising Wedge pattern, which could signal a reversal after the recent uptrend....
The Federal Reserve is set to announce its latest policy decision later today, with markets widely expecting a 25 basis point (bps) rate cut. While this move is largely priced in, all eyes will be on the remarks from Fed Chair Jerome Powell. Traders...
