EUR/USD Market Analysis: The EUR/USD currency pair experienced a decline on Wednesday as market sentiment remained subdued. After a significant rebalancing towards the end of last week, investors are taking a step back, causing the pair to lose its...
Analysis of Current Gold Market and Related Geopolitical and Economic Dynamics: Lately, XAU/USD has shown considerable volatility, dipping below the $2,400 threshold. This drop is mainly due to the surge in US Treasury bond yields. The 10-year US...
The Euro experienced a slight uptick against the US Dollar on Wednesday, hovering just above the 1.0900 level. This consolidation phase follows a period of heightened volatility triggered by a data error last week. While the market awaits crucial...
The USD/CAD pair traded slightly lower around 1.3755 during early Thursday's Asian session. This decline reflects several market dynamics. Firstly, the Bank of Canada (BoC) revealed concerns that consumer spending may underperform significantly in...
D1 timeframe analysis: Thee D1 timeframe, AUD/JPY prices appear to be producing a rising wedge pattern, and the price is currently moving at the support line at the level of 88.40. My analysis says that before the price breaks down, the price will...