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RBA Deputy Governor Andrew Hauser made it clear today that the central bank is not considering immediate rate cuts due to high inflation levels. The recent positive employment data caused the market to delay...

Gold prices surged to a new high in early Asia trade on October 21, 2024. This increase in gold prices has caught the attention of many investors looking to capitalize on the precious metal's...

The AUD/USD pair saw a slight decline to 0.6657 last week before recovering. This week, the initial bias remains neutral for some consolidation. However, there is an expectation of further decline as long as...

Crude Oil Futures are currently experiencing a bearish trend, with prices falling steadily in recent weeks. The market has been respecting a long-term descending resistance line on the weekly chart, indicating that bears are...

USD/CHF saw a continuation of its rebound last week, with no clear signs of completion yet. The initial bias remains on the upside this week, targeting the 38.2% retracement level of 0.9223 to 0.8374...

This week, various significant events are expected to take place that could impact the global market. Here is a breakdown of what to look out for:Monday: People's Bank of China (PBoC) is anticipated to...

GBP/USD saw a slight decline last week to 1.2973 before bouncing back with the help of support around the 1.3000 mark. This led to a neutral bias for the upcoming week. A clear breakthrough...

The upcoming economic events for the week are as follows:- Monday: PBoC LPR announcement - Tuesday: NBH Announcement, IMF World Economic Outlook - Wednesday: BoC Announcement - Thursday: EZ/UK/US Flash PMIs (Oct) - Friday: PBoC MLF (TBC), CBR...

Last week, USD/JPY saw a slight increase in value despite a decrease in upside momentum. The 4-hour MACD indicator showed this trend. Analysts predict a further increase in value as long as the minor...

China is getting ready to make an announcement on Monday, October 21, 2024. The People's Bank of China (PBoC) plans to set the loan prime rates (LPRs) on that day. Last month, the PBoC...