Gold prices experienced a significant downturn on Monday, plummeting by over 2% as a confluence of factors spurred a rush towards the perceived safety of the US dollar. The XAU/USD pair breached the critical $3,000 threshold, touching a low of...
I am currently analyzing the USD/CHF pair, which is trading around the 0.86050 mark as of April 7, 2025. I observed a strong impulse breakout that occurred during a southern correction, but I do not interpret this as a trend change—rather, I believe...
The AUD/JPY currency pair has continued its downward trajectory into Monday's early Asian session, with the pair slipping toward the 88.50 zone. Despite a slight daily dip, the broader bearish trend remains intact, with prices trading well below key...
I believe that if this move was purely profit-taking from earlier purchases, then on Monday, the price should quickly rise to 1.1100 as part of the trend resumption. I personally expect growth to continue due to the ongoing weakening of the dollar,...
AUD/USD Forecast Greetings and Good Morning guys! Yesterday, the AUD/USD market crossed the 0.6000 zone. It is not a better scenario for the buyers. However, the market can come back and start a bullish journey again. So, I prefer a buy position on...