The Australian employment rate released yesterday showed robust figures, reflecting a strong labor market and enhancing investor trust in the Australian dollar. The unemployment rate held steady at its previous figure, indicating that while job...
The current market analysis reveals that the Parabolic SAR indicator is indicating an upward trend, while the Relative Strength Index (RSI) is showing a downward trend. This scenario presents a complex situation for traders trying to navigate the...
What Drives the Gold Price Action Currently, we are dissecting the ongoing study of the Gold pricing movement analysis. It is worth noting that nothing has changed for the quote in the sense that the confident upward movement continues. But...
Technical analysis of USDCAD Today I choose USD/CAD for technical analysis because the market is rising and helping the price. The market has reached the trend line, and the price is now down. The market price broke this trend line. The market price...
GBPUSD outlookThe GBPUSD currency pair is experiencing downward pressure primarily due to the robust performance of the US Dollar and worries regarding the economic conditions in the UK The Federal Reserve's aggressive monetary policy and the...
