Fundamental Outlook: Gold is trading within a tight range, with XAU/USD moving between $2,724 and $2,749, as investors await early US election results. Currently, the bias remains tilted toward buyers, supporting the existing upward trend. In the...
USD/CADollar Weakness Election Uncertainty The USD/CAD currency pair is currently under significant strain due to the weakening of the U.S. dollar, prompted by a combination of unfavorable economic indicators and the uncertainty surrounding the...
Recovery and Technical Challenges Ahead The EUR/USD pair has seen a modest recovery, climbing above the 1.0900 threshold after a recent downturn. This upward move faces immediate resistance at the 50-day EMA, which sits near 1.0937. The 200-day EMA...
Gbp-usd Hourly Time Frame Technical Analysis: On the current hourly chart, several potential buy targets have formed. The first target, located at the 161.8% Fibonacci level, has already been reached at 1.3039. The next target is at the 261.8%...
Analysis of the EurUsd market pair in the Daily Trading time window On the EurUsd market pair on Tuesday was still under the control of buyers who were able to dominate trading by entering more dominantly and were able to maintain the support area...