Trading journal Friday, December 20, 2024 USDJPY Assalamualaikum and good afternoon colleagues. Hopefully we are all still in good health. How about the trading results in the past few days? Hopefully all forum members get satisfactory profits. As...
Gold prices saw a surge on Wednesday following the release of US inflation data. While the Federal Reserve is expected to continue its rate-cutting cycle, albeit at a slower pace, the recent inflation figures have solidified market expectations for...
The pair has been in a consistent downtrend, characterized by lower highs and lower lows. This suggests that sellers have maintained control, steadily driving the price downward. The steep decline observed recently indicates strong bearish momentum,...
XAU/USD Overall Outlook The XAU/USD market has been in a downtrend lately, with the current price hovering around 2604 and falling as low as 2588. This price action reflects the ongoing downtrend in the market. Technical indicators such as RSI and...
AUD/USD Fundamental Analysis The AUD/USD is under some pressure today, largely influenced by global risk sentiment. Australia's latest employment data showed a slight rise in the unemployment rate to 3.8%, hinting at a cooling labour market. This...
