XAUUSD(Gold) XAUUSD(Gold) outlook: Gold continues to be influenced by various factors, including economic data, Federal Reserve policy, geopolitical risks, and inflation concerns. The U.S. Dollar has remained strong due to robust economic data from...
What is a Homing Pigeon Candlestick Pattern? The Homing Pigeon candlestick pattern is a bullish reversal pattern observed in technical analysis, primarily used in trading to identify potential reversals from downtrends to uptrends. It consists of...
In Wednesday's European session, the pound sterling (GBP) value rises to around 1.2500 about the US dollar. Following US President Donald Trump's decision to postpone tariffs on Canada and Mexico, the US dollar loses risk-premium and gives up its...
USD/CAD Greetings and Good Morning to everyone! Today, the ADP Non-Farm Employment rate will change the entire market sentiment later. So, the USD/CAD market can cross the 1.4566 level today or tomorrow. Also, volatility Management: Economic...
If the pair successfully breaks below the support level of 156.70, bearish momentum will likely strengthen, allowing sellers to continue pushing the price downward. However, a mere breakout is insufficient; the price must remain below this level to...
