Core Points about GBPCAD: The Canadian unemployment rate came in quite positive, which generally indicates a healthy labor market and can be expected to support the Canadian Dollar. Despite this positive figure, the negative employment rate caused...
Forecast of Silver The price was hovering around the moving average lines and there was range trading activity, according to the Silver's H4 time frame chart. However, on Thursday and Friday of this week, the price fell sharply, and nearly all of...
BTCUSD Daily Forecast The daily chart of the BTC/USD pair shows a clear transition from a strong uptrend to a consolidation phase characterized by a gradual loss of upward momentum and a return to range-bound price action. Bitcoin experienced a...
Technical analysis of XAUUSD The XAUUSD pair closed today's session at 3037, with markets remaining inactive due to the observance of two public holidays. Trading activity was subdued, leaving price action confined within a narrow range ahead of...
The minutes from the Federal Open Market Committee (FOMC) meeting, where the Federal Reserve cut interest rates by 25 basis points (bps) to a range of 4.25%-4.50%, reveal growing concerns among officials about the potential risks to US inflation....