Gold prices in North America experienced a surge on Friday, driven by two main factors. Firstly, US inflation data came in softer than expected, fueling investor optimism that the Federal Reserve might implement interest rate cuts later in 2024....
The British Pound (GBP) weakened against the US Dollar (USD) last Friday, with the GBP/USD pair dropping to around 1.2660. This decline coincided with a rise in the US Dollar Index (DXY), which measures the strength of the USD against a basket of...
Daily time frame chart outlook: The AUDUSD price activities were generally in a bullish trend earlier, but they tested the overbought level, which is why the price fell in response to the adjustment. The price has been moving in a descending channel...
Hello everyone, I will be discussing the trend of the GBPUSD currency pair. The GBPUSD pair ended the trading week with a bullish candle, showing signs of bullish momentum. On the daily time frame, the currency pair has been in a clear uptrend,...
USDJPY ANALYSIS. In a few trading days, the USDJPY market appeared to be a tug of war between sellers and buyers. At first, sellers controlled the market and pushed the USDJPY price down with a lot of force. They even succeeded in breaking through...