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 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...
USD/JPY has come under renewed selling pressure, easing toward 157.00 after Japanese Finance Minister Kato's verbal intervention. The pair erased early gains, induced by the October BoJ meeting Minutes. However, the downside could be limited as 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...
The pair is approaching a critical juncture, with technical indicators suggesting a potential downside shift. A key support level around 0.8900 is in focus, and traders are closely monitoring whether the pair can hold above this threshold. The...
