Australia's economic data is signaling a shift in market sentiment, with the latest figures spotlighting both domestic inflation and international fiscal policies that are affecting the AUD. Recent readings show that Australia’s Consumer Inflation...
The USD/ CAD currency brace has been showing signs of a strong uptrend, with prices remaining elevated above the vital support position of 1.4625. This position has acted as a pivotal point of reference in recent trading sessions, with request...
GBP/USD Technical Analysis On the H1 timeframe, the GBP/USD pair is currently in a clear downtrend supported by a well-defined bearish market structure. A descending trendline is drawn on the chart, showing that the price consistently follows this...
Market focus has now shifted to upcoming central bank decisions, with awaiting the highly anticipated two-day FOMC meeting and the Bank of Japan’s (BoJ) policy announcement. As a result, market participants may adopt a cautious stance, avoiding...
One of the currency dyads that began in a gap moment was the GBPUSD, which opened in a bearish gap. The gap opening was rather large, but I did n't see any further bearish movement after that because the GBPUSD conducted a range movement....