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Summary

In his first webinar, Partha Sarathi will explain: - What is Market Structure? - Bar by Bar Analysis of Markets - Correct Identification of Peaks and Troughs - Valid Trend Lines Interpretation - What consists of Demand and Supply - Wave Structure of Market
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AUD/USD remains firm above 0.6600 ahead of RBA

AUD/USD remains firm above 0.6600 ahead of RBA

AUD/USD maintains its bullish bias well and sound on Monday, extending the multi-session recovery past the 0.6600 barrier ahead of the key interest rate decision by the RBA.

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EUR/USD propped up near 1.0750 ahead of European Retail Sales

EUR/USD propped up near 1.0750 ahead of European Retail Sales

EUR/USD churned around 1.0770 to kick off the new trading week, with the pair rising after better-than-expected Purchasing Managers Index figures early Monday before settling into familiar chart territory above 1.0750 ahead of Tuesday’s pan-European Retail Sales figures.

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Gold holds on to modest gains around $2,320

Gold holds on to modest gains around $2,320

Gold trades decisively higher on the day above $2,320 in the American session. Retreating US Treasury bond yields after weaker-than-expected US employment data and escalating geopolitical tensions help XAU/USD stretch higher.

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Bitcoin price holds above $63K as MicroStrategy tops BTC ownership list

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RBA expected to leave key interest rate on hold as inflation lingers

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Interest rate in Australia will likely stay unchanged at 4.35%. Reserve Bank of Australia Governor Michele Bullock to keep her options open. Australian Dollar bullish case to be supported by a hawkish RBA.

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