The AUD/USD pair continues to exhibit a bearish bias, with technical indicators suggesting further declines in the near term. The pivot point at 0.6350 serves as a key resistance level, and as long as the price remains below this threshold, downside...
Forecast of Gold According to the H4 time frame chart, Gold shifted from a bullish to a negative trend yesterday when it crossed the moving average lines to the downward side due to substantial bearish momentum. After the trend shift, the price...
Market Fundamentals: The US Dollar (USD) strengthened following the Federal Reserve’s (Fed) hawkish policy stance, which also fueled a rally in Treasury yields while delaying expectations for an initial rate cut. The Fed signaled a slower pace of...
The GBP/USD pair is maintaining its bullish bias, recovering from initial losses and positioning itself near the key psychological resistance at 1.2700. The pair’s ability to sustain momentum above this level could open the door for further upside,...
AUD/USD Trading Analysis Update Wednesday, February 26, 2025 Australia's annual inflation data (CPI y/y) did not change and remained flat at around 2.5%. This certainly encouraged the AUDUSD pair price to continue its downward rally. In addition,...