The EUR/USD pair experienced a brief respite from its recent downward trend, recovering slightly to around 1.1080 in early Asian trading on Friday. However, the upside potential for the pair remains limited as investors await key economic data from...
EUR-NZD H4 TIME FRAME On the H4 chart that we have, it can be seen that EUR/NZD is experiencing a fairly sharp downward trend after previously experiencing a significant increase. However, the price is now in an important support area that has been...
Understanding XAU/USD: A Comprehensive Overview Introduction to XAU/USD XAU/USD represents the price of gold (XAU) in terms of the US dollar (USD). This pairing is one of the most significant and closely watched in the world of forex and commodities...
Gold prices remain strong, rising even with positive US economic news. Normally, good economic data like the revised Q2 GDP growth and fewer unemployment claims would boost the US Dollar and increase Treasury yields, which usually puts pressure on...
Oil prices experienced a rebound on Thursday, driven by positive news from Iraq and a weakening US dollar. The Iraqi Oil Ministry confirmed that the country exported approximately 3.485 million barrels of crude oil per day in July, aligning with the...