GBP/USD Weekly Outlook Greetings and Good Morning to all traders! The UK construction PMI rate was not too good to help the buyers of GBP/USD. Moreover, the price crossed the 1.2290 zone yesterday. So, we can say that this week unfolded as a dynamic...
General Points about NZDUSD: There were no significant news events from New Zealand this week that could benefit the buyers. On the other hand, U.S. dollar news events have strongly supported the sellers, pushing the NZD/USD market to the 0.5552...
Gold prices experienced a volatile Friday, initially plunging after the release of a robust US Non-Farm Payrolls report that exceeded market expectations. The report, which revealed the addition of over 200,000 new jobs and a declining unemployment...
General Points about USDCAD This situation is quite damaging for the USDCAD sellers, as they continue to lose value in the market. This week, we saw that the Ivey PMI data for Canada was negative, signaling a weaker economic outlook. Even though the...
Forecast of Gold According to the Gold's H4 time frame chart, the price of Gold fluctuated a lot during yesterday's trading sessions in London and New York. The second to last candle is likewise a pin bar, but it is in favor of bears. The third...