Important Points about USDCAD: Yesterday, buyers made a strong move, bringing the price up to the 1.4537 level. The Canadian GDP was on the negative side, indicating weaker economic performance. In addition, the Overnight Rate and Bank of Canada...
General Points about USDCHF: Fortunately, the USD/CHF market moved according to my prediction and even hit the 0.9000 take profit level. A good start, as USD/CHF buyers have been quite active, showing strong momentum in the market. The price...
GBP / JPY Greetings and Good Morning guys! The market sentiment of GBP / JPY looks in favor of buyers these days. It crossed the 192.22 zone yesterday which is the the best start for the buyers. Also, with the GBP/JPY market sentiment and news...
Gold prices (XAU/USD) experienced a slight dip, hovering around the $2,800 mark in early Asian trading on Monday. This minor decline can be attributed primarily to the strengthening US dollar, which tends to exert downward pressure on non-yielding...
Recently, there has been a noticeable decline in gold prices as market conditions have shifted. This change is primarily attributed to a decrease in recession fears in the U.S. and improving economic conditions. The recent drop in gold prices can be...