Day: January 24, 2024

Daily Trade Setups #DXY #USDCHF #USDCAD & #BTCUSD To access today’s real-time actionable analysis click here! Source: Tickmill

Copper Rallies on Tuesday Copper prices are rising today as traders digest news that China is considering a huge new stimulus package aimed at reviving falling stock markets. Reports overnight point to plans to mobilise around $300 billion in funds held in offshore accounts by state owned businesses. The capital will be used to invest […]

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, indicating the prevalence of a downtrend. The RSI is testing the resistance area. In this situation, a downward breakout of the 4/8 (0.6591) level is expected, followed by a price decline to the support at 2/8 (0.6469). The scenario […]

The Japanese yen, paired with the US dollar, is about to decline further. The USDJPY exchange rate stands at 148.10. The Bank of Japan maintained its ultra-soft monetary policy at the January meeting. The interest rate remained at -0.10% per annum. The Central Bank made no changes to its credit and monetary policy structure and […]