The Australian dollar rose 0.40% after the release of the Australian CPI but delivered most of that gain. In the European session, AUD/USD is trading at 0.6663, up 0.24% on the day. Australian inflation is staggering Australia's CPI accelerated to...
EUR/ USD Price Developments We will discuss the current behaviour analysis of the EUR/ USD currency pair price. In this analysis, I will examine the daily chart. As observed, the euro/dollar pair remains within the descending price channel formed at...
The Australian Bone Earnings Value as Increased Consumer Prices Reduce Chances of RBA Rate Cuts lately, the Australian Bone( AUD) has gained strength due to rising consumer prices. This rise, known as affectation, is when the cost of goods and...
USD/CHF Analysis: The USD/CHF pair is currently trading close to the day's opening level of 0.8935 and above the W1 level of 0.8957, where a decrease in volume typically occurs. On the W1 chart, if the price remains above the 0.8928 level, it is...
Moving averages (MAs) are among the most commonly used technical indicators in forex trading. They provide traders with a clearer view of price trends by smoothing out price data and making it easier to identify the direction and strength of trends....