Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 2.006 resistance and 1.9907 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
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....
Market Fundamentals: The Bank of Japan's (BoJ) quarterly Tankan survey revealed that business confidence among major manufacturers climbed to +14, marking its highest level since March 2022. Additionally, firms anticipate inflation to rise by 2.4%...
Forecast of Silver On Tuesday of this week, the Silver moved from a bearish to a bullish trend on the H4 time frame chart by crossing the 26 and 50 EMA lines to the upside. In subsequent candles, the Silver conducted a range movement following the...
The British pound (GBP) remained relatively stable because the Governor of Bank of England (BOE) Andrew Bailey emphasized the need to promote economic growth while ensuring financial stability. He reaffirmed the BOE commitment to promote expansion...
