The Federal Reserve's expected 25 basis point rate cut at the FOMC meeting led to a sell-off in the gold market, causing the price to fall sharply. Although it briefly dipped below the psychological level of $2,600, the price was able to recover...
Certain scheduled economic events and reports occur on a monthly basis and can significantly impact forex market prices. We should look our for them and trade very carefully during these times. 1. Non-Farm Payrolls (NFP) - USA Timing: First Friday...
The CHFSGD currency pair has been rallying for the past four days, after failing to continue its decline towards a nearby demand area. The price has bounced back from a new demand area on the daily time frame, ranging from 1.5115 to 1.5040. This...
Good Morning Traders! Welcome to Today’s Live Trading Insights Yesterday, the USD Index demonstrated a strong bullish trend, rallying from 107.80 to 108.50 before showing signs of instability. Currently, the index is attempting to test the 108.05...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Good morning all forum friends. NZD/USD is trading at 0.5649 at the time of writing. Let's look at today's NZD/USD market price changes. NZD/USD prices have changed little since yesterday. For the...
