The AUD/USD pair has been showing signs of a corrective phase after a strong upward movement earlier in January. The price reached a high near 0.6340 before experiencing a pullback, bringing it to its current level of around 0.6257. The recent...
Recent domestic challenges within the Eurozone, particularly in key member states, have put pressure on the Euro’s appeal. The collapse of Germany’s three-party coalition has coincided with a period of economic struggle. While Germany managed to...
The Federal Reserve's (Fed) recently released meeting minutes indicate an increasing willingness among members to consider interest rate cuts, with some even favoring a 0.25% reduction in July. While this move was ultimately rejected, the majority...
Australia's inflation figures for Q3 have shown a notable easing, with the quarterly Consumer Price Index (CPI) rising just 0.2% and 2.8% annually, marking the slowest pace in over three years and bringing inflation back within the Reserve Bank of...
EUR/USD I would like to start my analytical forecast for the EUR/USD pair with the daily chart. It shows a narrow downward price channel, which was formed earlier after a rebound from the local maximum of 1.1210. Then we saw a decline to 1.0180,...
