The US Dollar Index (DXY) Empty FOMC Minutes, US Dollar Weakens Without Catalyst The US Dollar Index (DXY) fell about 0.4 percent after the release of the FOMC meeting minutes early this morning, returning to a three-day low of 106.70 entering the...
THE CURRENCY PAIR USD-CAD Well, if you like it so much, let it be "head and shoulders," as they say—call it a pot, just don't put it in the oven. That's why I completely abandoned all kinds of figures; it's all too subjective, and the participants'...
The USD/CAD pair is currently showing a slow attempt to grow, but I believe this movement is more indicative of consolidation rather than a strong upward trend. I think the market is waiting for key drivers to provide direction, and these could come...
Gold prices remain under the spotlight as market participants assess the Federal Reserve's stance on monetary policy alongside broader macroeconomic developments. With the Fed maintaining a data-dependent approach, traders are closely watching key...
Forecast of Gold Although Gold's trading activity is within the ascending channel on the H4 time frame chart, there is a very small gap between the channel's top and bottom levels. The price rose and sank in the most recent bullish and bearish...
