Market Fundamentals of the EUR/USD: This week, market participants will closely monitor speeches from several Federal Reserve (Fed) officials for insights into the central bank’s potential monetary policy decisions. Current projections, as indicated...
Market Fundamentals: The Cable showed notable strength against its major counterparts on Tuesday, buoyed by anticipation surrounding the United Kingdom’s Autumn Forecast Statement. This announcement marks the first budget presentation by a Labour...
EUR/USD Technical Analysis – H1 Timeframe The EUR/USD currency pair trades in an uptrend supported by an ascending trend channel on the H1 timeframe. The market structure is also bullish, suggesting that prices may continue to rise in the coming...
Currency pair AUDUSD - let’s consider the chart of the D1 period today. We can say that the descending wave structure on this chart already broke after the current growth wave updated the previous wave’s maximum. The MACD indicator is still in the...
AUD/USD Trend Continuation Alert The AUD/USD currency pair's price behaviour analysis is currently up for discussion. The H1 support is at 0.6239, while the day's balance is at 0.6269. The H4 support remains at 0.6149, fluctuating between the...
