The Australian dollar has shown some stability during recent trading sessions, a small victory given its recent streak of poor performance. Despite this pause, fundamental problems remain, especially its heavy dependence on the slowing Chinese...
Trading gold (XAU/USD) requires a combination of strategies and tools to make informed decisions. 1. Fundamental Analysis for Gold Trading Gold's price is heavily influenced by macroeconomic factors. Use fundamental analysis to understand the...
The euro fell sharply during early trading hours on Monday, helped by the continued dominance of the US dollar in global currency markets. Despite recent losses, the euro appears to be in oversold territory, suggesting the potential for a near-term...
USD/CAD Technical Analysis: As of January 13, 2025, the USD/CAD pair is trading around 1.4410, showing a slight upward movement of 0.10% from the previous close of 1.4395. The pair remains below the 50-day moving average on the 4-hour chart,...
EUR/USD Price Reversal Watch Let's discuss the current price behavior analysis of the EUR/ USD currency pair. The EUR/USD currency pair begins the week with a continuation of bearish momentum, as reflected in the four-hour chart. The pair has broken...