The gold market (xauusd) declined again after buyers managed to push the price up to the high point (2724). News of a ceasefire in the Middle East, similar to what halted the increase in gold last Friday, caused the price to fall once more. The...
Weekend Greetings and Market Anticipation Hello dear friends! Happy weekend! I hope you all are doing well and eagerly waiting for the market to open. Forex traders are always anxious for the market to be active, as we never like to see it closed....
The Euro is under pressure as market expectations grow for aggressive interest rate cuts by the European Central Bank (ECB) to support the struggling Eurozone economy. The ECB is widely anticipated to reduce the deposit facility rate by 25 basis...
The euro remains within bounds amid uncertainty The euro saw choppy trading during the early hours of Friday, oscillating around the 1.03 level as market participants appeared hesitant to commit to a clear direction. This lack of momentum suggests a...
Currency pair AUDUSD - chart of period D1. The wave structure on this chart is still building its order downwards, the MACD indicator is in the lower sales zone. Among other things, the price is moving downwards within the descending channel with a...
