Currently, XAUUSD is experiencing a corrective upward impulse, but it is not yet clear if this movement has reached its full potential. The nearest significant resistance level for gold is at 2645. If the price successfully breaks above this level,...
The absence of a clear consensus among European Central Bank (ECB) policymakers has added complexity to market sentiment, particularly in predicting the institution's next steps on interest rate decisions. Divergent views on potential rate cuts...
AUD/USD AUD/USD Price Analysis: As we step into 2025, the AUD/USD currency pair is facing significant volatility, driven by a tug-of-war between the Australian Dollar and the US Dollar. With global economic factors, including commodity exports,...
EUR/JPY EUR/JPY Outlook: As we enter 2025, the EUR/JPY currency pair is once again in focus, reflecting the ongoing struggle between Europe's economic resilience and Japan’s weak currency policies. Currently trading around ¥163.17, the pair is...
The euro fell slightly during trading on Thursday as market activity picked up after the holidays. However, signs of a possible turnaround have begun to emerge. The overall outlook for the US dollar is mixed, but the underlying theme remains the...