I will explain the current price movements in the NZD/USD market. From a technical perspective, NZD/USD is trading at 0.5575 at the time of writing. In the long term, NZD/USD is currently bearish, while at the beginning of the month the price showed...
XAU/USD Technical Analysis and Market Sentiment Market Efficiency and Current Value Today, the XAU/USD market hit a low of 2659 and a high of 2674, and the current price is trading at 2669. The XAU/USD market tested the support level of 2660, which...
GOLD But if you look closely at the correlation chart, you can clearly see that the dollar index #USDX and the gold price XAUUSD were synchronous and in phase until January 13, but this week before inflation everything changed, the index is down...
The GBP/USD currency pair is currently consolidating within a narrow trading range around the 1.2200 level, exhibiting a lack of decisive direction. This indecision comes amidst the release of crucial inflation data from both the US and the UK,...
TRADING CHART ON GOLD D1. The provided daily chart of gold (GOLD, D1) showcases a robust and sustained bullish trend that has been in play since mid-2023. The price is consistently trading above its 200-day moving average (red line), which serves as...
