The Australian dollar has shown some stability during recent trading sessions, a small victory given its recent streak of poor performance. Despite this pause, fundamental problems remain, especially its heavy dependence on the slowing Chinese...
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...
Date: 13th January 2025. Global Market Update: Asian Stocks Fall, Pound Weakens,Oil Surges Amid Fed and Geopolitical Shifts. Financial Markets Performance: *The USDIndex has inched up to 109.84, despite the fact that the Yen strengthened. EURUSD...
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...
I believe the risk of a correction is very high. I observe that within the H-4 timeframe for the GBP/USD pair, the southern cycle has ended, and now I am in standby mode. I am facing a dilemma about whether the pair will rewrite the daily minimum...