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Markets React as Powell Dismisses Recession Fears, USD Slips

Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession risks in the U.S. were "not high"...

AUDUSD Retests Positive Pattern – Forecast for March 14, 2025

The AUDUSD pair encountered strong resistance at 0.6322, resulting in a bearish rebound. The price is now retesting the previously breached resistance level of...

AUDCAD Continues Bearish Trend – Forecast for February 10, 2025

The AUDCAD pair maintains its downward trajectory after confirming a breakdown below the 0.9115 resistance level. Recently, the pair has moved beneath the 55-period...

What is the Standard Spread in Forex?

Forex trading is one of the most dynamic and liquid financial markets in the world. As of 2023, the average daily trading volume in...

What is the Golden Rule in Forex?

The foreign exchange (Forex or FX) market is the largest and most liquid financial market in the world, with a daily trading volume surpassing...

What is a Decent Spread in Forex?

In the world of Forex trading, the term “spread” is a crucial concept that every trader must understand. Simply put, the spread is the...

Indonesia Stocks Close Higher with Gains in Infrastructure, Financials, and Agriculture Sectors

Indonesia's stock market saw positive movement on Friday, buoyed by gains in the Infrastructure, Financials, and Agriculture sectors. The IDX Composite Index closed the...

Australia Stocks Close Higher; S&P/ASX 200 Gains 0.60%

Australian stocks ended the trading session higher on Friday, with significant gains in the Gold, Energy, and A-REITs sectors driving the overall market upward....

Indonesia Stocks Lower at Close of Trade; IDX Composite Index Down 0.43%

Indonesia's stock market closed lower on Wednesday, with the IDX Composite Index falling by 0.43%, as a broad-based decline in the Financials, Agriculture, and...

AUDUSD Price Breaks Support, Negative Trend Expected to Continue – Forecast for Today – 24 December 2024

The AUDUSD price opened lower today, breaking the support line of a bearish flag pattern and attempting to stay below it. This move activates...

AUDCAD Under Negative Pressure – Forecast for December 23, 2024

The AUDCAD currency pair has recently encountered significant resistance near the 0.9100 level, which has contributed to a continuation of negative momentum. This resistance,...

Indonesia Stocks Higher at Close of Trade; IDX Composite Index Up 0.39%

Indonesia's stock market closed higher on Friday, with gains in the Financials, Infrastructure, and Agriculture sectors driving the overall rise in the IDX Composite...

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