EUR/USD Price Analysis EUR/USD could lose ground amid a potential bearish reversal as the pair trading within a rising wedge pattern. The downward correction would be indicated if the 14-day RSI surpasses the 70 mark. The pair may test its primary...
Technical Analysis of Gold The technical analysis of the 4-hour chart shows the price breaking the ascending blue channel that represents the general trend of gold during the previous two trading weeks. The channel line was broken during the...
Consumer Price Index Trends in Australia and Market Reactions Overview of Australian Inflation The Trimmed Mean Consumer Price Index (CPI), closely monitored by the Reserve Bank of Australia (RBA), has shown a decline to 3.5% in the third quarter,...
AUD/USD hovers near 0.6400 early Friday, consolidating its two-month high amid a broader US Dollar rebound. While the Reserve Bank of Australia (RBA) maintained a cautious stance on further easing, limiting additional upside, upcoming US PMI data...
USD/CAD in Focus: What's Shaping the Market Today(February 21,2025)? Canada’s Interest Rate Outlook: What’s Next? The Bank of Canada is walking a fine line. Inflation slowed to 2.9% in January, sparking speculation that rate cuts could come sooner...
