The pair experienced a sharp decline on Thursday, dropping by half a percent and marking one of its worst trading sessions in the latter half of the year. This downturn followed disappointing Purchasing Managers Index (PMI) data from across the...
Gold technical analysis: If we look at the gold price in a 4-hour time frame, the gold market price is currently moving upwards and has broken the 2676 resistance level. The air distance level created a lot of resistance at this point and prevented...
The 25 basis point cut by the ECB has probably been fully factored in. The current high expectation of a further ECB rate cut in December faces an increased risk of overvaluation. Watch for key medium-term support at 1.0780/0750 on EUR/USD. Over the...
General Points of XAUUSD: Currently, a bullish concept is increasing and the buyers are trading at 2689 right now. Hence, we can use different strategies in this market as the steadiness of unemployment data might temper some of the enthusiasm...
H4 period chart - AUDUSD currency pair. The wave structure built its order downwards. The MACD indicator is already in the lower sales zone, although now it is again above its signal line, which indicates an upward correction. When the price had not...