Gold prices in North America experienced a surge on Friday, driven by two main factors. Firstly, US inflation data came in softer than expected, fueling investor optimism that the Federal Reserve might implement interest rate cuts later in 2024....
T E C H N I C A L _ A N A L Y S I S U S D / C A D Hi, I will evaluate the performance of USD/CAD in the upcoming trading sessions. Let's assess the behavior of the price of USD/CAD. USD/CAD is trading at 1.3731 at the time of writing. This time...
Good day, everyone! The downward slope of the linear regression channel indicates the strength of the sellers, who are aiming for the 2313.63 level. Movement is likely to slow down at this target level. Due to the weakening caused by the current...
USDJPY ANALYSIS 02 JUNE 2024 The USDJPY pair is trading in attempts to develop a bullish direction. But, while there is no good shot, it is too early to talk about medium-term purchases. This scenario is confirmed by the Trend line, which lies at...
How to Trade Based on Fundamentals: Introduction Trading based on fundamentals involves analyzing the economic, financial, and other qualitative and quantitative factors that influence the intrinsic value of an asset. Unlike technical analysis,...