The Australian Dollar movements remain dependent on US Dollar fluctuations as the Fed’s decision to hike by 75 basis points illustrates the impact of the world’s largest central bank. The daily price broke Ichimoku cloud to below for the primary bearish reversal: the price is on testing the Fibo support level at 0.6510 for the bearish trend to be continuing. more...
Here is a new article in our series about learning how to design a trading system based on the most popular technical indicators for beginners through learning the root of things. We will learn a new technical tool in this article and it will be the Awesome Oscillator indicator as we will identify it in more detail to learn what it is, what it measures, and how to use it based on the main concept behind it through simple strategies, and how to create ...
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The UK private sector shrank at the fastest pace since early 2021 on the negative impacts of high costs and a weaker economic outlook, flash survey results from S&P Global and the Chartered Institute of Procurement & Supply showed Friday. The composite output index came in at a 20-month low of 48.4 in September versus 49.6 in the previous month. The score was forecast to ease moderately to 49.0. more...
The manufacturing sector in Australia continued to expand in September, and at a fractionally higher pace, the latest survey from S&P Global revealed on Friday with a Manufacturing PMI score of 53.9. more...
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