Currency pair AUDUSD - D1 period chart. January has passed and the downward wave structure on this chart can be said to have already broken after the last growth wave updated the maximum of the previous wave. The MACD indicator is still in the lower...
At present, investors' attention will be focused on the price index of personal consumption (PCE), scheduled for 13:30 GMT. If the data exceeds expectations, the federal reserve system can maintain its Hawkish attitude that potentially leads to a...
### **1. ECB Policy and Weak Eurozone Economic Growth** The ECB has lowered the benchmark interest rate by 25 basis points to 2.75%, which is approaching the neutral range of 1.75% to 2.5%. This decision was driven by stagnant economic growth in...
I believe Bitcoin’s recent failure to surpass the critical resistance level of $106,448 highlights a pivotal moment in its price action, as this zone has historically acted as a psychological and technical barrier for traders. I interpret this...
The GBP/USD H4 chart reveals a dominant downtrend over the past several months, with consistent lower highs and lower lows forming a bearish market structure. The 50-period moving average (red line) has acted as dynamic resistance, capping price...
