XAUUSD (GOLD) ANALYSES Now, I will discuss the XAUUSD pair. Below, I am analyzing the XAUUSD pair in the H1 timeframe. We all know that the price of gold went up to 2956 on February 16. Later, it started moving in a downtrend again, which is...
The UK labor market data largely exceeded expectations, yet concerns over persistent wage growth continue to cast uncertainty on inflation dynamics. While unemployment claims came in lower than anticipated, the number of jobless benefit seekers...
The Canadian Dollar (CAD) is set to react to official employment data, with market expectations indicating a slowdown in hiring for December. Analysts predict job additions to decline to 25K from the previous 50.5K, while the Unemployment Rate is...
The Reserve Bank of Australia (RBA) is expected to begin cutting interest rates in May 2025, according to analysts at ANZ and Westpac, who have pushed their forecasts from March due to persistent inflationary pressures. The Australian Dollar (AUD)...
The situation for risky currencies, including the AUD/USD pair, is evolving, and I believe the current technical picture suggests a bearish outlook. I observe that the AUD/USD pair has been under significant selling pressure over the past four days,...