Technical analysis of XAUUSD Today I chose gold for technical analysis, the target market is currently in a uptrend, and the price is rising. Gold is currently at between support level and resistance level. support level is 2659 and resistance level...
Market Sentiment and Trading Strategies for XAU/USD The XAU/USD market is currently in an uptrend, showing strong bullish momentum. The market is currently trading around 2673, having recovered from testing the daily low of 2668, indicating that...
The Canadian employment data report is expected to affect the volatility of the AUDCAD currency pair's price direction. Previously, Australia's annual inflation rate (CPI y/y) increased from 2.1% to 2.3%, causing the price to rise above 0.8930....
The Australian dollar (AUD) continues declining against the US dollar (USD) for the fourth day. The AUD/USD pair was trading close to two-year lows on Friday. The Reserve Bank of Australia (RBA) is expected to decrease interest rates by 25 basis...
•••USD/CAD: A Currency Tug-of-War in January 10,2025••• • As we step into 2025, the USD/CAD pair is caught in an intriguing battle of forces. The U.S. dollar remains strong, buoyed by solid economic data, while the Canadian dollar faces some...
