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Upcoming Week: Key Market-Moving Events The latter half of this week promises significant market activity, with several key economic releases and central bank communications. Patience will be crucial for traders, as the most compelling opportunities may emerge after the dust settles on Friday’s data-heavy session. Wednesday, May 28: Reserve Bank of New Zealand (RBNZ) Rate […]
The United States is facing a growing fiscal challenge as the cost of servicing its national debt escalates. Currently, the U.S. government pays an average interest rate of 3.289% on its $36.18 trillion debt, a significant figure when compared to its $29.18 trillion GDP. This means that every 1% increase in interest rates adds an […]
AUDUSD Target Period : 2 days Interval : 4 hour Pattern : Triangle Identified : 23-May-16:00 Target Level : 0.6543 A bullish breakout from the ‘Triangle’ pattern occurred on May 23rd at 16:00, with the price moving above the resistance level. This technical signal, combined with an upward-sloping Moving Average, indicates a probable upward price […]