The gold spot price recently traded around $2,630 per ounce, recovering from the 50-day Simple Moving Average. This increase came after a significant price drop, as traders responded to a market downturn caused by global growth concerns. On Monday,...
The spot price is on a remarkable winning streak against the US Dollar (USD), marking its third consecutive session of gains. On Tuesday, the pair reached a new two-year high of 1.3400, a significant milestone as the US Dollar drifts toward a...
AUDUSD Price Study In our discussion, we're intently analyzing the current appraisal of the AUDUSD currency pair's pricing behavior. In the trading session a few days ago, the AUDUSD chart on the H4 timeframe did show that the candlestick was still...
Analyzing the current trend of the British Pound, it seems that the recent uptrend may not be sustainable, potentially signaling the start or continuation of a downtrend. Furthermore, the Pound may pull down against the Euro, especially since I...
As of September 24, 2024, the USD/JPY currency pair is exhibiting a slow yet bearish trend. The pair has shown signs of weakness due to various market factors, particularly the ongoing pressure from Japan’s struggling manufacturing sector and weak...