The Federal Reserve’s recent decision to implement a second consecutive rate cut of 25 basis points (bps) follows its earlier 50 bps slash, aligning with market expectations. This move underscores the Fed’s cautious approach to navigating economic...
Xau/USD The price of gold accelerated on Friday higher and equalized the initial negative signal that developed in the daily chart, from Thursday's hanging man Candlestick. New profits (up to 1 % at the beginning of Thursday's session in the US)...
The NZD/JPY pair currently shows promising potential for a bullish move, with projections of a rise between 49 and 72 pips. The pivotal support at 88.69 remains the cornerstone for this upward trajectory. This level has historically acted as a...
Gold Price Activity Review Buyers were finally able to bring gold back to its highest resistance. Unfortunately, the price achievement occurred at the end of the week, causing the bullish movement to stop because some traders, especially daily and...
The Bank of Canada’s (BoC) recent rate cut has left the Canadian Dollar (CAD) struggling, pushing the Loonie to its lowest levels in 56 months. This decline brings CAD dangerously close to prices last seen in March 2020. The currency fell another...
