The (EUR/USD) currency pair experienced a dip to its lowest point on Wednesday, briefly breaching the 1.0400 level before rebounding to its opening range. The Federal Reserve's latest interest rate decision yielded no significant surprises,...
The Euro (EUR) continues to face downward pressure as expectations grow that the European Central Bank (ECB) will implement more aggressive rate cuts compared to the Federal Reserve (Fed). The ECB is anticipated to reduce rates by 25 basis points,...
I observe the current D1 chart for gold (XAUUSD) shows a bullish wave structure building higher. I notice the MACD indicator is rising in the upper buy zone, staying above its signal line, which I interpret as ongoing upward momentum. I recall that...
The main events by the morning: January 29 The European Union plans to abandon Russian aluminum within a year. The EU intends to introduce a phased ban on imports of Russian aluminum as part of the 16th package of sanctions. Also, in accordance with...
The AUD/USD pair is navigating a critical phase, trading around the pivotal level of 0.6202. This level serves as a major inflection point, with a sustained move above potentially triggering further upside momentum, while a break below could lead...
