Fundamental Analysis of AUD/USD On Friday (August 30), the Australian dollar fell 0.5% in opposition to the US greenback to shut at 0.6764. The US non-public consumption expenditure (PCE) rate index rose each month-on-month and year-on-year in July,...
EUR/USD On Wednesday, the spot price hovered around the 1.1100 level, pausing after recent volatility triggered by a data misprint in the US. The currency pair failed to maintain a bearish push towards 1.1051, leaving market participants with...
US Crude Oil Fundamental Technical Outlook: US crude oil prices have dropped due to a surprise increase in inventory levels. The EIA reported a 3.5 million-barrel rise, whereas the market had expected a drawdown. This unexpected surplus in supply...
GBP/USD Forum Analysis,Forecast 02 September 2024 Observing the structure of the GBPUSD pair price pattern, it seems that it is still in a lower low - lower high condition and the bullish trend direction is almost changing to a bearish trend. The...
USDJPY Forum Analysis, Forecast Based on the H1 chart shown on September 1, 2024, USDJPY has reached the level of 146.548, recording a significant increase from the support in the 143.000 area. MACD shows strong bullish momentum, with the MACD...