Fundamental Analysis After the Jibun Bank Services PMI data was released on Wednesday, the Japanese yen (JPY) strengthened against the US dollar (USD). The index was revised from an earlier estimate of 54.0 to 53.7 in August. Although the service...
The price of gold (XAU/USD) experienced a rebound from multi-day lows on Wednesday, although it remained below the $2,500 level. The renewed buying bias in the US dollar (USD) posed a challenge to gold's upward momentum. However, ongoing...
Charting the Course: Gold In our analysis, we're dissecting Gold's current price performance. The pair's movement on the hourly chart forms an inverted triangle pattern. Today, the pair declined, reaching the lower boundary of this inverted triangle...
EURUSD Forum Analysis,Forecast In general, of course, everything looks very much like the price of the EURUSD pair, Tanya, may continue to be pushed down. Judging by the dynamics of the change, a sharp reduction in sales is visible, and a...
Fundamental Analysis Following a new two-week low of 1.1025 on Tuesday, the EUR/USD pair finds buying activity in the European session on Wednesday. Following the publication of the August ISM Manufacturing PMI data for the United States (US), the...