Trading gold (XAU/USD) requires a combination of strategies and tools to make informed decisions. 1. Fundamental Analysis for Gold Trading Gold's price is heavily influenced by macroeconomic factors. Use fundamental analysis to understand the...
EUR/USD Price Reversal Watch Let's discuss the current price behavior analysis of the EUR/ USD currency pair. The EUR/USD currency pair begins the week with a continuation of bearish momentum, as reflected in the four-hour chart. The pair has broken...
Following an earlier pullback to new cycle lows in the 1.0180-1.0175 band, EUR/USD now manages to regain some upside traction and reclaim the area beyond 1.0200 the figure despite the persistent move higher in the US Dollar as investors continue to...
The euro fell sharply during early trading hours on Monday, helped by the continued dominance of the US dollar in global currency markets. Despite recent losses, the euro appears to be in oversold territory, suggesting the potential for a near-term...
USD/CAD Technical Analysis: As of January 13, 2025, the USD/CAD pair is trading around 1.4410, showing a slight upward movement of 0.10% from the previous close of 1.4395. The pair remains below the 50-day moving average on the 4-hour chart,...
