The pair is currently under pressure from a strengthening of the dollar as investors brace for upcoming US GDP and Personal Consumption Expenditures (PCE) inflation data. Recent US Purchasing Managers' Index (PMI) data revealed that private-sector...
On Wednesday, the spot price hovered around the 1.1100 level, pausing after recent volatility triggered by a data misprint in the US. The currency pair failed to maintain a bearish push towards 1.1051, leaving market participants with unfulfilled...
Gold gains after report Shows revival in China : Gold is probably gaining after data from Wolrd Gold Council on Tuseday shows China's net Gold imports rose by 17% in July, the fist month of increases since March. A modest increase in net inflows of...
AUD/USD PRICE FORCAST OST HIGHER HIGHS AS UPTREND EXTENDS, AUD/USD continues rising to new highs. The RSI has stoped its bearish divergence with price. AUD/USD post higher as highs as its extends its rally and continues uptrend began at the strat...
Techniacal Analysis : Technical Analysis is The study of historical price action in order to indentify patterns and determine probabilities of future movements in the market by studying price action and through the use of techncal indicators and...