During Thursday’s North American session, spot prices fell below the key 1.3950 level, driven by a mix of market forces. A weaker-than-expected Canadian Consumer Price Index (CPI) data, combined with strong US Retail Sales figures from the previous...
Technical Analysis ofEUR/USD On the 4-hour chart of EUR/USD, the price has moved in a bearish direction this week after giving a bullish signal earlier this week. The trade opened this week inside the bearish price channels, which represent the...
CRAZY-TRADER TRADING JOURNAL UPDATE ON USDX I am also observing the situation of the USDX market, in yesterday's trading, buyers appeared with great strength in pushing the USDX price up with quite a lot of strength. I took the strength of the...
Gold gains momentum but faces resistance Gold broke its 50-day moving average (MA) and hit a high of $2,674 on Thursday before paring its gains. This high approached the 20-day MA at $2,677, a significant resistance level. A daily close above the...
XAU/USD Market Technical Fundamental Overview: Gold (XAU/USD) has maintained its bullish momentum, reaching a two-week high amid escalating geopolitical tensions and shifting monetary policy expectations. The Russia-Ukraine conflict continues to...
