Hello all traders how are you? Gold prices took a sharp turn on Friday, reversing course and dropping over 1.7%. This decline came after positive US economic data fueled investor expectations for a slower pace of interest rate cuts from the Federal...
XAU/USD For the second day in a row, there is some selling pressure on the gold price (XAU/USD), which on Wednesday afternoon in the Asian session hit a low of more than a week. In light of the robust US economy, remarks made on Tuesday by Federal...
EUR/JPY analysis: When EUR/JPY approaches the level of 171.30, it presents an opportunity for traders to assess the potential for further market movements. Specifically, if the pair manages to overcome this level, it may trigger a significant...
EUR-AUD PAIR ANALYSIS The release of the Australian CPI news made EURaud move aggressively today. Data that exceeded expectations made the Aussie dollar strengthen further against the euro. It seems that Australian inflation is still high. In this...
EUR-AUD PAIR FORECAST The Australian central bank's hawkish comments at last week's interest rate announcement had an instant impact on the strengthening of the AUD in general, including the weakening that occurred in EURAUD which has been going on...