Technical analysis of XAUUSD Today we will do a technical analysis of gold. Many currencies and gold are traded in the foreign exchange market. Gold is a very important commodity in the foreign exchange market. The market is currently between the...
The Federal Reserve's recent 25-basis-point interest rate cut was anticipated by market participants and investors. However, the statement made by Federal Reserve Chairman J. Powell was perceived as hawkish, leading to a significant strengthening of...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Market prices have fallen completely, breaking every support level that fell, and now the market prices have reached historic levels of price appreciation. The market pulled...
The Japanese yen continued its downward trajectory, plunging to its lowest level in over a month against the US dollar. This sharp depreciation followed remarks from Bank of Japan Governor Kazuo Ueda during his post-meeting press conference. The...
The direction of the pair is heavily influenced by broader global sentiment, particularly the strength of the U.S. Dollar. As the Dollar remains robust amid ongoing global uncertainties, the Kiwi faces significant challenges. To overcome this...
