The currency pair has experienced a notable rally, reaching a higher high and reinforcing its established uptrend. After peaking, the pair has started moving sideways, potentially forming a Bull Flag continuation pattern. If this pattern holds, it...
RBA’s Assistant Governor Sarah Hunter recently indicated that these rates are contributing to what is expected to be a mild economic downturn. While the labor market remains tight, showing levels of employment growth, Hunter emphasized that this...
The Kiwi pair is experiencing downward pressure, trading around 0.5600 during the early Asian trading hours on Friday. The price continues to face a bearish sentiment, primarily driven by market expectations of a potential victory for former...
Technical analysis of XAUUSD Today we will do a technical analysis of gold. The market is currently between support and resistance levels. Over the past few days, the market has added support and used that support as resistance. The market is now...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. The market price fell a few days ago and broke the falling support level. At this point, the market price bounced back to support at 1.2512 after breaking the resistance and...
