AUDUSD crossed the 50 EMA line to the upside, the range zone trade activities came to an end in the final candle of the H4 time frame chart. The price activities of the AUDUSD were in the range zone along the moving average lines. The H4 time frame...
The NZD/USD chart on the 4-hour timeframe illustrates a gradual recovery from a prolonged downtrend. The price is currently trading at 0.5706, showing signs of stabilization and potential bullish momentum. After a steady decline over the past...
USD/CAD Fundamental Analysis: Looking at last week’s data, the U.S. economy is showing resilience, with Q4 GDP coming in at 3.3%, well above expectations. However, Friday’s PCE inflation data at 2.9% suggests that inflation is cooling, which could...
Market sentiment around interest rate adjustments has shifted slightly, with the probability of a 50-basis-point (bps) cut by the central bank to 4.25%-4.50% by year-end declining to 68.3% from 71.7% just a week ago. Traders appear confident in a...
The Litecoin (LTC) chart on the 4-hour timeframe presents an interesting technical setup with a mixture of bullish and neutral signals. Currently trading at $124.38, the price has shown significant upward momentum in recent weeks, followed by a...
