EUR-AUD PAIR FORECAST The Australian central bank's hawkish comments at last week's interest rate announcement had an instant impact on the strengthening of the AUD in general, including the weakening that occurred in EURAUD which has been going on...
Hello all traders how are you? Gold prices took a sharp turn on Friday, reversing course and dropping over 1.7%. This decline came after positive US economic data fueled investor expectations for a slower pace of interest rate cuts from the Federal...
GBP/USD pair, representing the exchange rate between the British Pound and the US Dollar, is one of the most actively traded pairs in the forex market. It is heavily influenced by a variety of economic, political, and financial factors from both the...
TRADING UPDATES USD/JPY The USDJPY currency pair shows a strong bullish trend based on the latest technical analysis. One technical indicator that supports this view is the position of the EMA 50 which is above the EMA 100. This condition is...
USD/CAD Tuesday saw a rise in the Canadian dollar as May's Consumer Price Index (CPI) inflation rate was marginally higher. The Canadian dollar fluctuated sharply against the US dollar throughout the American market day, hitting a record 14-day...