The global gold market is currently navigating a complex landscape of conflicting pressures. The US dollar's strength, fueled by robust employment data and a hawkish Fed stance, has exerted downward pressure on gold prices. This pressure is further...
AUD/USD Technical Overview: As of today, January 15, 2025, I’m seeing the AUD/USD trading around 0.6198 USD per AUD. The 50-day moving average (MA) has recently crossed below the 200-day MA, which suggests a bearish trend, but I believe we might be...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Greetings to all members of the live discussion and welcome to all visitors. I hope all is good. I will cover current market movements in the AUD/USD market. AUD/USD is trading at 0.6193 at the time...
The US dollar has been strengthening after the NFP data report and positive US unemployment rate. The gold price, which almost reached the psychological level of $2,700, has fallen to $2,656. However, it is still far from the $2,600 psychological...
The NZD/USD currency pair extended its winning streak for the third consecutive day, trading near the 0.5620 level during European trading hours on Wednesday. This surge in the risk-sensitive New Zealand dollar was primarily driven by a combination...