Gold Analysis US gold futures closed at $2,778.90 an ounce, up 0.5%, while spot gold settled at $2,772.79 an ounce on Friday, representing a weekly increase of 2.7%. Other precious metals, such as platinum and silver, also posted weekly gains,...
Economic Overview of China and Australia China's Economic Performance Following the release of China's economic statistics, the Australian dollar (AUD) has gained some strength against the US dollar (USD). In the third quarter of 2024, China's GDP...
TRADING CHART ON GBP/CAD H4. The GBP/CAD pair's price volatility this week has tended to rise. Compared to the previous week, which only consolidated around the support level (S1) 1.7505 and the psychological level of 1.7500, the opening prices at...
USD/JPY Analysis: H4 Time Frame Triple Bottom Pattern Rejection The USD/JPY currency pair has recently rejected a triple bottom pattern on the H4 time frame, indicating a strong bullish reversal. This rejection suggests that buyers are regaining...
The Australian Dollar’s (AUD) rebound against the US Dollar (USD) at the start of the week highlights its resilience in the face of global economic developments. Key contributing factors to the AUD’s strength include a rise in the ASX 200 Index,...
