The EUR/USD currency pair continued its downward movement on Friday. This trend would have continued throughout the day without the University of Michigan Consumer Sentiment Index in the US. The index was much weaker than forecast, which halted the...
AUDUSD MARKET ANALYSIS On Friday (June 14), AUD/USD continued to fall by 0.35% last Friday, closing at 0.6614. The Australian dollar continued to be under pressure due to the general rise of the US dollar, but due to the emergence of bargain...
The EUR/USD currency pair demonstrated considerable volatility last week, marking a period characterized by significant fluctuations in its exchange rate. This notable activity was observed against a backdrop of various economic data releases and...
XAU/USD Analysis Some of Friday's gains are being reversed, and gold prices may again face resistance above $2,330 on Monday. The pause in US dollar (USD) gains did not help gold prices as US Treasury yields rose after falling the previous week....
The price could fall to 2290, which serves as a critical level to watch. This level is significant because it could act as a short-term support. When the price reaches such a support level, it often experiences a temporary halt or bounce as traders...