The EUR/USD currency pair experienced a significant decline on Thursday, plunging by a full percentage point to reach a two-year low. This marked the fourth consecutive month of weakness for the pair, with the exchange rate trading below the 1.0250...
China’s ongoing economic struggles are exerting considerable downward pressure on gold prices, given its position as the world’s largest buyer of the precious metal. Prolonged signs of an economic slowdown in China could dampen demand, amplifying...
AUD/USD Looking at the AUD/USD pair today, it’s hovering around 0.6830, showing some slight upward movement after holding steady near 0.6800 support. I’ve noticed that the 50-day moving average acts as solid support, while the 200-day moving...
GBP / CAD: My Recommendation for Investors A drop-down scenario appeared on GBPCAD also. And, the price hit the 1.7888 level yesterday. Today, I recommend a buy entry with a goal of 1.7955 assists. The GBPCADInvestorss can use both technical and...
GBP / CHF: An Hourly Time Frame Recommendation Yesterday, the market of GBPCHF hit 1.1265 at night. It indicates that the Great British Pound is losing its value these days. Perhaps, it is an effect of holidays or negative news data. However, the...
