A strong US economy strengthens the dollar to a two-year high On Monday, the US dollar strengthened, forcing other currencies to reach multi-year lows. Its growth was supported by strong employment data, confirming the resilience of the US economy...
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...
GBPUSD DAILY ANALYSIS How are you today, hopefully you are all in good health and of course today's trading plan can run smoothly according to expectations. GBPUSD has an interesting setup for our daily trading. Where on Friday's trading the price...
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,...
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...
