Technical Analysis EUR/USD H-4 Chart The relative strength index (RSI) indicator on the 4-hour chart remains above 70, suggesting that the EUR/USD pair will pull back before continuing its upward trend. On the upside, 1.0500-1.0510 (round number,...
AI and Machine Learning in Forex Trading: Revolutionizing the Financial Markets In recent years, artificial intelligence (AI) and machine learning (ML) have made significant strides in various sectors, and the financial markets are no exception. One...
XAUUSD Technical Analysis XAUUSD is currently trading around 2893, experiencing a temporary pullback after testing recent highs near 2925. The market has been in a strong bullish trend, with price action consistently forming higher highs and higher...
Technical Analysis XAU/USD and Market Outlook Gold is currently in a downtrend, with price action primarily driven by fluctuations in the US dollar. Today, gold rose to as high as 2939, but selling pressure has slowed the price. It is currently...
The latest Consumer Price Index (CPI) report showed headline inflation accelerating to 2.9% as anticipated, but the core CPI, which excludes volatile food and energy prices, rose at a slower pace of 3.2%. This reinforced market expectations that the...