General Points about AUDUSD: Yesterday's Australian Cash Rate announcement did not benefit AUD/USD buyers much, as the market failed to gain upward momentum despite the expected developments. Currently, the pair is trading around the 0.6340 level,...
EUR/USD is trading near 1.0500 in the European session on Wednesday. The pair is facing difficulties due to cautious market sentiment and renewed demand for the US dollar, as traders expect a rise in US inflation data that could affect the pace of...
TRADING CHART ON USD/JPY M30. The provided chart of the USD/JPY currency pair on the M30 timeframe reveals a notable shift in momentum from a previous bearish trend to a strong bullish recovery. Initially, the pair underwent a pronounced decline,...
The EUR/JPY currency pair experienced a decline during early European trading on Wednesday, with the Japanese yen strengthening against the euro. This downward movement was primarily driven by stronger-than-expected producer price index (PPI) data...
Gold Price Action Approaches We can discuss the current analysis of Gold's price action. Gold is slowly continuing its march north, and there is an option to open new long positions intraday. Above, I looked at the growth targets on the hourly...
