AzmiMohd

Australia's Consumer Price Index (CPI) increased by 1.0% in the second quarter (Q2) of 2024, matching the growth rate from Q1, according to the Australian Bureau of Statistics. This result was in line with market expectations. Annually, CPI inflation rose to 3.8% in Q2, up from 3.6% previously and m

Nasdaq approaches 100 hourly moving average Performance of Major Indices: Despite the gains on that day, the major stock indices had a downward trend in the first week of the new year. The Nasdaq Composite Index declined by 3.3%, the S&P 500 Index dropped by 1.5%, and the Dow Jones Industrial Av

Take a look at our analysis for GBPCHF. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.117. The underlined horizontal cluster clearly indicates a highly pro

Price is in a weird bit of a range and currently at a support, on the 4HR it is busy forming a nice double bottom, I will wait for the breakout and the 4HR candle close above the neckline to buy the retrace. The support area the Price is forming the 4HR double bottom on is also the Daily 200 EMA sup

USDCHF has been in a down trend for last two weeks and it has more potential for further fall to the levels of 0.9000. This further fall will be activated by the break of the support level 0.9160. Wait for the break of the support levels to Enter short for the run towards the TP levels.&

The potential for the Australian Dollar (AUD) to New Zealand Dollar (NZD) exchange rate ( AUD/NZD ) to decline could be due to a channel retest technical analysis pattern and unfavorable fundamentals. On the fundamental side, there could be factors such as changes in interest rates, economic growth,

As I predicted, EURUSD has perfectly respected the confluence zone based on a resistance line of a major falling parallel channel and a horizontal structure. Even though the pair remains quite weak the last few days, I remain very bearish biased and assume that the pair will manage to reach 0.9905 l

GBPJPY is approaching a very peculiar zone of confluence on a 4H: we see a perfect match between a horizontal resistance, falling trend line and fib.retracements of the last two impulses. To catch a bearish move from the underlined zone, wait for a breakout a bearish flag pattern. You need 4H candle

In a month of conflict in Ukraine, global oil prices have soared, foreign companies have exited Russia and Moscow faces the spectre of default. Here is a look at the economic fallout from Russia’s 24 February invasion of its neighbour: Commodities soar Oil and gas prices have surged over supply fear