AUDUSD H1 On the daily chart of AUDUSD, it is evident that the currency pair is currently in a sideways condition. The buyers appear to be stuck at a resistance level of 0.67024, while the sellers are similarly hindered at the support level of...
Technical analysis of the EURUSD pair 4-hour chart It is expected that we will have a bearish trend for the pair during this week, as the price succeeded in breaking the price channels on the daily chart. On the 4-hour chart, the price begins...
1. **Monetary Pol icy**: - Central banks may lower interest rates to stimulate borrowing and investment. - Quantitative easing and other measures can inject liquidity into the financial system. 2. **Fiscal Policy**: - Governments may increase...
Bearish Kicker Chart Pattern: Bearish Kicker Pattern is a significant candlestick pattern that indicates a potential reversal from an uptrend to a downtrend. Here’s a detailed explanation of how it works and its implications1) Formation: The...
during the early Asian trading hours on Thursday. The modest recovery of the US dollar (USD) might be limited amid reduced bets on the US Federal Reserve's (Fed) rate cut this year. On Wednesday, the Canadian dollar (CAD) was trading thinly,...