The price of gold re-entered uncharted territory on Thursday after a fresh acceleration higher (the price was slightly above 1% in early US trading) was prompted by US economic data that added to expectations of a Fed rate cut next week. The price...
THE CURRENCY PAIR AUD/CAD The configuration of the Heiken Ashi candles, together with the signals of the TMA (triangular moving average) and RSI indicators for the selected currency pair or instrument, makes it possible to conclude that the turn of...
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GBP/USD Price Outlook Our conversation pertains to analyzing the GBP/USD currency pair's pricing behavior. This afternoon, the British pound (GBP) against the US dollar (USD) broke past the resistance level of 1.3111, updating its previous low. The...
The AUD/USD currency pair is currently trading at 0.6727, and the prevailing market sentiment leans toward a bearish trend. The recent downward momentum has been influenced by several factors, including global economic uncertainties, fluctuations in...