Fundamental Analysis The price of gold (XAU/USD) rose beyond $2,700 and reached a new record high on Friday due to the relaxing monetary policy environment and anticipated interest rate decreases by major central banks. Furthermore, the continued...
The EUR/USD currency pair traded in both directions on Thursday, but the downward bias persisted after three weeks of declines. It's been so long since the euro has fallen for three consecutive weeks that we can hardly remember the last time this...
Technical Analysis of the USDCAD Pair A new price peak is now being formed on the 4-hour chart for the pair, as the price began to move sideways after reaching the channel lines that were previously broken downwards during this week. The price...
During the overnight session for U.S. traders, the pair strengthened against the DXY following hawkish remarks from Bank Governor Kazuo. Governor’s comments, presented to a government panel, reaffirmed his commitment to maintaining a hawkish stance,...
The NZD/USD pair displayed a positive bias for the second consecutive day on Friday, despite lacking strong bullish momentum and remaining near one-month lows earlier in the week. Spot prices hovered around the 0.6070 area, supported by a...