AUDUSD Daily Time Chart Analysis The AUD/USD pair is currently in a bearish trend and is trading below its 200-day moving average. This indicates a bearish trend. The daily moving average also confirmed this trend, showing a bearish trend. Key...
Market Fundamentals: The release of weaker-than-expected Chinese economic data early in the day has contributed to a subdued market sentiment. The PMI was confirmed at 50.5, falling short of both the previous reading of 51.7 and market expectations....
US President Donald Trump reiterated his intention to boost domestic oil production to drive down prices, which put pressure on crude oil prices. His pledge was made amid persistent worries over an already abundant supply. Furthermore, a substantial...
The EUR/USD H1 chart displays a clear structure of price movement, incorporating trends, support/resistance levels, and a moving average for directional guidance. The price action reveals a prior downtrend from late December through early January,...
The euro has experienced considerable volatility since the latest US jobs report was published. The report indicated that 143,000 jobs were added, a figure that did not reach expectations. However, there were also positive aspects: unemployment...
