Gold prices soared to a record high of $2,625 per ounce, fueled by growing anticipation of Federal Reserve interest rate cuts and escalating tensions between Israel and Hezbollah. The precious metal's ascent came amidst a broader risk-off sentiment...
The cup and handle chart pattern is a popular technical analysis tool used by traders to identify potential buying opportunities. It resembles the shape of a tea cup, with a curved bottom followed by a smaller dip, which forms the "handle." This...
EUR-USD PAIR ANALYSIS This week the EURUSD pair closed positively after going through a fairly dramatic up and down phase, especially ahead of the FOMC meeting early Thursday morning. Interestingly, the price position on a weekly and daily basis is...
GOLD Greetings to all. And with the end of the trading week, which will be over in a couple of hours. But let's not be discouraged, there is a lot of time ahead to conquer. Congratulations, gold prices have reached a historical maximum, and after...
The euro against the US dollar faced selling pressure above 1.1150 during the North American trading session on Friday. As the US dollar (USD) rebounded, the major currency fell. The US dollar index (DXY), which measures the value of the US dollar...