The EUR/USD currency pair experienced a brief recovery on Friday after a period of sustained losses. This was primarily due to profits being taken in the US Dollar, which had significantly strengthened in recent weeks. The US Dollar's strength was...
GOLD ANALYSIS BULLISH POTENTIAL TOWARDS Yesterday, the US retail sales data will be a significant market closing for gold movements. Because the next big news is on Thursday next week, so there is a fairly long void of fundamental news. This could...
The USD/CHF pair regained footing after a volatile session following the Federal Reserve's decision to lower borrowing costs by 50 basis points. Despite reaffirming a data-dependent policy stance, Federal Reserve Chair Jerome Powell's comments left...
In the last two days, buyers have tried to form something upward in Gold, but their attempts were ultimately stopped, and they did not manage to win back anything in particular. Sellers, in turn, broke through the level of 2546.66, which gave a...
•••EUR/USD Analysis and Forecast – November 16, 2024••• ••Introduction Today, the EUR/USD pair remains under pressure, trading near 1.0542. The persistent strength of the U.S. dollar, driven by economic resilience, contrasts sharply with the...