Technical Analysis: XAU/USD Gold weakens on Friday as Donald Trump’s re-election continues to impact the precious metal. This reverses a short-term bounce following the Federal Reserve’s decision to cut interest rates by 0.25%. Technically, XAU/USD...
The USD/CAD currency pair is currently trading around 1.38867, with recent market trends indicating a bearish momentum. A bearish trend, which signals a period of declining prices, suggests that the US dollar is weakening against the Canadian...
The GBP/USD pair, currently trading at 1.29549, is in a bearish trend, and though the market appears to be moving slowly, there are indicators suggesting a potential for significant movement in the coming days. This sentiment is rooted in a...
The AUD/USD pair experienced a decline on Friday, falling below the 0.6625-0.6620 level. This downward movement was primarily driven by a stronger US Dollar, which benefited from market expectations of potential economic stimulus measures in the US...
Technical analysis USD/CHF H-4 It was assumed that since they failed to break the D1 resistance of 0.8780, the pair would return to 0.8720 on the balance of the day or a breakthrough at the H1 support of 0.8705, and if they failed to break the H1...
