•••EUR/USD Analysis: Navigating the Currents of Currency••• As the forex market rides the waves of economic shifts, the EUR/USD pair stands out, battling against a tide of challenges. This week, the euro is feeling the squeeze from a robust U.S....
The spot price experienced dip-selling pressure during Thursday's Asian session, leading to a drop near mid-1.2970. Despite this pullback, a mix of factors may limit any further declines. The recent price action has generated mild downward momentum....
General Points of XAUUSD: Currently, a bullish concept is increasing and the buyers are trading at 2689 right now. Hence, we can use different strategies in this market as the steadiness of unemployment data might temper some of the enthusiasm...
Gold technical analysis: If we look at the gold price in a 4-hour time frame, the gold market price is currently moving upwards and has broken the 2676 resistance level. The air distance level created a lot of resistance at this point and prevented...
The 25 basis point cut by the ECB has probably been fully factored in. The current high expectation of a further ECB rate cut in December faces an increased risk of overvaluation. Watch for key medium-term support at 1.0780/0750 on EUR/USD. Over the...