The Australian economy awaits a significant amount of fundamentals at a time when the pound seems quite tranquil. However, the speculations surrounding the Aussie appear to be burdening the GBPAUD market, causing it to dip further. Key Levels Resistance: 2.0200, 2.0450, 2.0700 Support: 2.0100, 1.9800, 1.9700 GBPAUD Bears Breach a Strong Base While the GBPAUD […]
The price bar is below the supply level making it capable of dropping further.Sell traders may take their position as desired. EURAUD Weekly Price Analysis – November 30 The EURAUD pair shows a bearish flag, signaling a sell trade at the $1.76 low. However, the pair could see more downtrends as the bearish pressure has […]
The euro maintained firm support above the 1.1600 level on Friday as traders raised their bets that the Federal Reserve will cut interest rates next month. The EUR/USD pair is set to finish both the week and the month in positive territory, gaining 0.81% this week and 0.59% in November. The pair is currently trading […]
Trading generates immense fortunes for its most skilled practitioners. These individuals master the markets through unique strategies and disciplined execution. Consequently, they have built some of the largest personal fortunes in finance. Here are the seven richest traders in the world. Steve Cohen: The Disciplined Proprietary Trader Steve Cohen leads with a $19.8 billion net […]
Market Analysis – November 27 Gold (XAUUSD) outlook highlights growing reversal risk as bearish tone emerges. The broader structure is beginning to lose upward momentum, with indicators reflecting a clear reduction in buying strength. The RSI has retreated from previous highs, and price is struggling to hold above the short-term moving average near $4,100. While […]
Market Analysis – November 27 AUDJPY has maintained steady gains throughout the year, consistently demonstrating strength across multiple timeframes. Although the pair recently experienced a mild pullback, price action has since shown a clear recovery, reflecting renewed bullish intent. With momentum building once again, AUDJPY appears poised to challenge and potentially break into new quarterly […]
NZDUSD Market Analysis – November 27 NZDUSD has been on a consistent downward spiral since the head and shoulders pattern completed in August, reinforcing sustained bearish pressure. This bearish drive pushed the price toward the major demand level at 0.55430. However, recent price action has introduced a notable divergence, signalling early signs of a potential […]
FTSE 100 Analysis – November 26 FTSE 100 shows renewed bullish momentum amid structural recovery. The index is demonstrating a renewed bullish tone as price stabilizes above its short-term moving average and reacts positively to improving momentum indicators. The MACD histogram is beginning to flatten near the zero line, signalling that downside pressure is weakening, […]
New York Fed President John Williams has renewed expectations for an interest-rate cut in December 2025. He said there is still room for policy adjustments even though tariffs have temporarily slowed inflation progress. With the next Federal Open Market Committee meeting approaching, traders are preparing for potential market volatility. John Williams is one of the […]
