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%...
Important Points of GBPAUD: The GBPAUD market is trading at a new level of 1.9600, suggesting a significant gain in strength for buyers. This level signals that bullish momentum is building, offering insights into the current sentiment of traders...
