RBA’s Assistant Governor Sarah Hunter recently indicated that these rates are contributing to what is expected to be a mild economic downturn. While the labor market remains tight, showing levels of employment growth, Hunter emphasized that this...
As the pair closes in on a significant historical trendline, it is now forming a Rising Wedge pattern, a technical formation that typically signals a bearish reversal. This pattern suggests that the pair may be poised for a downward breakout,...
The Kiwi pair is experiencing downward pressure, trading around 0.5600 during the early Asian trading hours on Friday. The price continues to face a bearish sentiment, primarily driven by market expectations of a potential victory for former...
BTC/USD Technical Analysis and Market Outlook The BTC/USD market has seen significant price volatility today. After hitting an intraday high of 99.494, the BTC/USD market has corrected a lot and is currently trading around 97.151. These price...
USDJPY currency pair - D1 chart. During this senior period, it is striking how clearly the bearish divergence worked out, which was earlier in November on the MACD indicator. A good descent that ended in late November, early December at the...
