AUD/USD retraces its recent gains from the previous session against the US Dollar following the People’s Bank of China’s monetary policy decision on Friday. China’s central bank decided to keep its one- and five-year Loan Prime Rates unchanged at...
The chart reveals a dominant bearish trend, characterized by consistent lower highs and lower lows. The sharp downward movement below the 1.0450 level confirms the presence of strong selling pressure. The price is currently trading around 1.0394...
Crude oil prices saw a modest 2.5% increase on Wednesday, though a fourth consecutive day of gains proved elusive. This upward movement was initially spurred by a report from the US Energy Information Administration (EIA) revealing a significant...
Trading journal Friday, December 20, 2024 USDJPY Assalamualaikum and good afternoon colleagues. Hopefully we are all still in good health. How about the trading results in the past few days? Hopefully all forum members get satisfactory profits. As...
•••USD/CHF: Navigating the Shifting Landscape(December20,2024)••• The USD/CHF currency pair has captured the attention of traders, with recent market movements reflecting a mix of economic shifts and evolving monetary policies. Today, we delve into...
