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...
The recent cooling of the U.S. job market has raised concerns that the Federal Reserve may need to consider more aggressive rate cuts, a prospect that has weighed on the U.S. dollar and benefitted the Swiss Franc. However, it’s crucial to consider...
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General Point about AUDNZD: It is important to understand that buyers are in a much stronger position in the AUDNZD market. Currently trading at the 1.0961 level, the pair has seen favorable conditions for buyers due to a combination of factors....
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...