USD/CADollar Weakness Election Uncertainty The USD/CAD currency pair is currently under significant strain due to the weakening of the U.S. dollar, prompted by a combination of unfavorable economic indicators and the uncertainty surrounding the...
Fundamental Outlook: Gold is trading within a tight range, with XAU/USD moving between $2,724 and $2,749, as investors await early US election results. Currently, the bias remains tilted toward buyers, supporting the existing upward trend. In the...
Recovery and Technical Challenges Ahead The EUR/USD pair has seen a modest recovery, climbing above the 1.0900 threshold after a recent downturn. This upward move faces immediate resistance at the 50-day EMA, which sits near 1.0937. The 200-day EMA...
Gbp-usd Hourly Time Frame Technical Analysis: On the current hourly chart, several potential buy targets have formed. The first target, located at the 161.8% Fibonacci level, has already been reached at 1.3039. The next target is at the 261.8%...
Gold Price Move Patterns Potential Trading Strategy: - For Bulls (Buyers): If you want to buy, it is best to wait for confirmation that the price has found support around the current level or lower (such as 2730 or even 2710). Also, if the RSI...
