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...
Yesterday's American economic data release was met with a surprising shrug by the market. The numbers themselves were a bit underwhelming, suggesting some weakness in the US economy. However, this didn't stop the US dollar from continuing its upward...
The EUR/JPY currency pair has been exhibiting notable signs that a continued downward trend might be imminent. In recent trading sessions, the pair has consistently closed below the crucial 171.05 level. This sustained weakness is further...
USDCAD M5 A Formal Approach to USD/ CAD We are examining the dynamic pricing behaviour of the USD/ CAD currency pair in real time. We should focus on the current dynamics of the USD/CAD chart to understand potential movements. Recently, despite an...
The NZD/USD (New Zealand Dollar/US Dollar) currency pair is currently trading at 0.6106, and the prevailing trend appears bearish. This situation signifies that the New Zealand dollar is weakening against the US dollar. A bearish trend typically...