The U.S. dollar remains under significant pressure following the Federal Reserve's decision to lower interest rates by a half point, but this is not the only problem on the Forex market. As anticipated, the Fed's unprecedented 0.50% rate cut has...
Price Action Analysis: GBPUSD The present analysis of the GBPUSD price behavior is subject to discussion. The price structure is still highly favorable on a daily basis on the left, with the correction from 1.3260 to 1.3000 acting as a brake and the...
M-1 Chart Technical Outlook USD/CHF The USD/CHF pair, after rising to the 0.8514 level yesterday, fell to the 0.8448 level, from where it tried to reach higher, but the 0.8505 level sustained the advance and led to a reversal to the downside. Which...
AUDUSD TECHNICAL ANALYSIS Rumors are circulating about aggressive interest rate cuts at the upcoming November policy meeting. The Federal Reserve recently announced a 50 basis point rate cut, bringing the federal funds rate to a range of 4.75% to...
Gold jumped to a high of 2,595 on Thursday and retested Wednesday's all-time high of 2,600. Despite hitting new highs, Wednesday's session ended on a weak note, with a bearish reversal and closing in the lower half of the day's trading range. This...
