Gold market analysis: Fed officials' hawkish voice + rising housing prices have depressed gold to a one-week low On Tuesday (June 25), gold prices fell 0.63%, hitting a one-week low of 2315.58 during the session and closing at $2319.36 per ounce....
The GBP/USD currency pair has begun forming a bottom with the lower red channel line, targeting the weekly resistance level of 1.2686. If the price successfully breaks the resistance at 1.2670 and the D1 candle closes above it, this could be a buy...
AUDUSD MARKET ANALYSIS On Tuesday (June 25), AUD/USD fell slightly by 0.13% to close at $0.6649. The market is currently waiting for Australia to release the May consumer price index (CPI) on Wednesday. The market expects a decline of about 0.2%,...
The euro is currently facing a precarious situation. It dipped below the 1.0689 level yesterday and could potentially fall further. While the key support level of 1.0670 is unlikely to be breached immediately, there's a chance the euro might enter a...
The Australian Dollar Gains Value as Increased Consumer Prices Reduce Chances of RBA Rate Cuts: Recently, the Australian Dollar (AUD) has gained strength due to rising consumer prices. This rise, known as inflation, is when the cost of goods and...