Crude Oil Technical Analysis Crude oil is currently in a strong downtrend on the M30 timeframe. The price consistently makes lower highs and lower lows, confirming a sell structure. Every time the price tries to move up, it encounters resistance at...
AUDUSD AUDUSD outlook: The Australian Dollar (AUD) is facing significant challenges against the US Dollar (USD), trading at 0.6204. This marks a continuation of the AUD's decline, which has lost 9% of its value since the start of 2024. The AUD is...
Market Fundamentals: RBA Governor Michele Bullock emphasized that "underlying inflation is still too high to be considering lowering the cash rate target in the near term." While such statements typically provide support to the currency, the AUD/USD...
Technical analysis of EURJPY Today I will show you EUR/JPY technical analysis. The market is currently in a downtrend. Where is the market between our resistance at 161.40 and support at 159.99; if the market breaks our support, it falls. If the...
The British pound (GBP) remained relatively stable because the Governor of Bank of England (BOE) Andrew Bailey emphasized the need to promote economic growth while ensuring financial stability. He reaffirmed the BOE commitment to promote expansion...
