The price started the week on a softer note, losing another 0.25% against the US Dollar (USD), marking its ninth consecutive day of decline. This continued downtrend raises questions about whether traders will seize the opportunity to take profits...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Hello and Good Morning. Without wasting time we move on to our topic. First of all, we discuss the technical analysis of XAU/USD. XAU/USD is trading at 2635.87 at the time of writing. This time frame...
The EUR/USD currency pair kicked off the new trading week on a weak note, falling below the 1.0600 level and settling around 1.0500. This decline was primarily driven by a stronger US dollar, fueled by positive US economic data and a less dovish...
The AUD/USD exchange rate is poised for significant movement, driven by key economic developments in both the United States and China. A primary factor influencing this pair will be the inflation data coming from the US. Should inflation remain...
EUR/USD Price Forecast Our conversation is focused on the analysis of EUR/USD's current price behavior. The EUR/USD daily chart reflects a market at a critical juncture, balancing between bearish momentum and potential consolidation. The price is...