The chart provided is a 1-hour candlestick chart for the XAU/USD (Gold Spot/U.S. Dollar) pair, sourced from OANDA, showing price movements over several days. Let’s break down its key elements and analyze the trends, indicators, and potential...
The USD/CHF currency pair experienced renewed selling pressure during Wednesday's Asian trading session, effectively reversing the majority of the modest recovery gains that had been observed in the preceding trading day. This fresh wave of selling...
The euro maintained a stable position against the US dollar, hovering around the 1.1400 mark during early Asian trading on Thursday. This stability reflects a cautious market sentiment as traders await clarity on potential new trade agreements...
The recent rally in EUR/USD has been primarily underpinned by strong real money flows as institutional investors increase their hedging against dollar exposure or repatriate capital from US-denominated assets. These flows reflect growing caution...
The British pound (GBP) experienced an upward trend during the North American trading session, gaining 0.14% against the US dollar (USD). This appreciation was primarily driven by the release of UK inflation data, which revealed a slowdown to a...
