EUR/USD Price Forecast The US Dollar Index (DXY) posts modest gains to around 106.90 against major currencies during the early European session on Tuesday. Traders will keep an eye on the US November Retail Sales, which are due later on Tuesday. The...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. The AUD/USD market price fell steadily, helping the price to pull back from the downtrend line. Struggling prices are currently well below the 50-day simple moving average,...
The gold market showed modest upside momentum in early trading on Monday, with the $2,650 level providing significant support along with the 50-day exponential moving average (EMA). While the market remains volatile and somewhat noisy, this week's...
Traders are gearing up for a key event later today: a speech from Bank of England Governor Andrew Bailey at the Bloomberg Global Regulatory Forum in New York. However, Bailey’s remarks will come much later in the day, likely affecting market...
Despite the pair showing resilience in recent months, Japan's weakening export sector and the BoJ’s cautious approach to tightening interest rates have created a cautious market environment. With no clear indication that the BoJ will raise interest...