When the EUR/USD tested the 1.0630 level, I initially found the reaction to be quite puzzling. It seemed like the market's bots might have been reacting to the recent data on the unemployment rate, which rose by 0.1%, or perhaps the decrease in the...
XAU-USD PAIR ANALYSIS The GBP-JPY pair is still holding above the demand level of 191.76. In terms of correlation and market momentum, it does show buying interest ahead of the end of the week trading session. But because the price increase has not...
Important Points about AUDCAD: We observed that stronger Canadian data caused the AUDCAD market to drop to the 0.9066 level. The decline highlights the impact of robust economic performance in Canada, strengthening the Canadian Dollar against the...
Date: 6th December 2024. How Will NFP Impact The Trading Markets? Employment data for last week was released yesterday, showing that initial jobless claims rose by 224,000, surpassing both the forecast of 215,000 and the previous figure of 215,000....
Important Points about AUDCHF: Analyze carefully that the Swiss CPI rate did not provide significant support to sellers, and the Australian Dollar also failed to show any notable movement. The AUDCHF market showed strength in favor of buyers,...