Current Scenario of XAU/USD Quotes: The price of Gold (XAU/USD) recently surged to new highs, reaching $2625.20 by the end of the week. This increase came despite mixed market signals and a bearish outlook from some indicators. One of the main...
The GBP/USD pair formed a Hanging Man candlestick reversal pattern (blue rectangle on the chart below) on Wednesday, suggesting that the pair may have further downside in the near term. This pattern was confirmed after a long red bearish day that...
EUR-USD PAIR ANALYSIS This week the EURUSD pair closed positively after going through a fairly dramatic up and down phase, especially ahead of the FOMC meeting early Thursday morning. Interestingly, the price position on a weekly and daily basis is...
Gold prices soared to a record high of $2,625 per ounce, fueled by growing anticipation of Federal Reserve interest rate cuts and escalating tensions between Israel and Hezbollah. The precious metal's ascent came amidst a broader risk-off sentiment...
EUR/USD Forex Signalouble Top Forms Ahead of Fed Decision Bearish view Sell the EUR/USD pair and set a take-profit at 1.1075. Add a stop-loss at 1.1200. Timeline: 1-2 days. Bullish view Set a buy-stop at 1.1145 and a take-profit at 1.1205. Add a...