Australia is set to release its GDP figures for the third quarter (Q3), with expectations pointing to a modest 0.4% growth from the previous quarter and a 1.1% increase compared to Q3 2023. This figure barely surpasses the 1% annual growth recorded...
Forecast of Gold According to Gold's H4 time frame chart, the price was overbought, which is why it dropped over the last few candles and stopped responding to bears when it tested the 50 EMA line within the price decline. A few hours ago, after...
A few EUR/JPY has encountered difficulty in providing positions above the key psychological level 162.00. This decline is primarily driven by increased demand for Japanese yen. Despite the generally positive sentiment on the stock markets,...
Crude Oil Technical Analysis The crude oil market is experiencing a downtrend driven by intense selling pressure. Technically, prices are trading below a descending trendline, which has been tested several times before moving lower. The minor...
EUR/USD Technical and Fundamental Analysis In the H4 timeframe, the EUR/USD market structure is in an uptrend, and the price action supports buyers. The pair is testing a critical support level at 1.13800, which is also in line with the 200-day...