AUD/USD The AUD/USD pair is trading near 0.6235, and I’ve noticed both fundamental and technical factors influencing its movement. Fundamental Analysis: Federal Reserve Policy: The recent 0.25% rate cut by the U.S. Federal Reserve, paired with a...
•••AUD/USD: The Australian Dollar Faces Pressure as U.S. Dollar Strengthens(December 24,2024)••• • The AUD/USD currency pair continues to capture the spotlight as the Australian Dollar struggles against the strength of the U.S. Dollar. Trading at...
Technical Analysis of Gold The price of gold is trading in a resistance zone on the 4-hour chart, where the price faces the weekly pivot level of 2623 and the red channel line. During the previous two weeks, the price of gold rose to approximately...
Gold prices experienced a modest uptick during the North American trading session at the week's outset, registering a 0.28% increase. This movement occurred amidst a period of anticipation leading up to the Federal Open Market Committee's (FOMC)...
The H1 chart for Crude Oil (CL) reflects a consolidation phase with alternating bullish and bearish signals, presenting opportunities for both buyers and sellers. Here’s a detailed technical analysis based on the current chart: Crude oil is trading...
