AUD/USD As of today, the AUD/USD pair is trading around 0.6145, showing a notable decline. Based on both technical and fundamental factors, here’s my take on the current situation. Fundamental Analysis: The Australian dollar has suffered this year,...
Marubozu Candlestick Chart Pattern The Marubozu Candlestick Chart Pattern is a popular chart pattern used in technical analysis to identify strong market sentiment, either bullish or bearish. The term "Marubozu" originates from Japanese and means...
West Texas Intermediate (WTI), the US benchmark for crude oil, traded near $78.85 on Thursday, experiencing a slight dip. This downward pressure stemmed from growing optimism surrounding a potential ceasefire agreement between Israel and Hamas. The...
USD/JPY For today’s analysis of the USD/JPY currency pair: Technical Overview: I’ve been watching the USD/JPY trade at around 157.75, with a slight decline of 0.27% over the past 24 hours. The pair has been fluctuating between key support at...
•••NZD/USD Faces Pressure in January 16,2025••• • As 2025 unfolds, the NZD/USD currency pair is grappling with a challenging environment. The New Zealand Dollar is under significant strain, driven by a combination of domestic economic struggles and...
