Technical analysis of the EURUSD pair The technical analysis on the 1-hour chart shows that the price has faced resistance from the weekly pivot level over the past two trading days. The price rose earlier this week and reached approximately...
Current Market Situation The XAU/USD pair is displaying a slight increase during the Asian session today, testing the crucial level of 2520.00. This movement is primarily driven by investors awaiting US inflation data, which could significantly...
Today’s Analysis: EUR/JPY Decline Near 161.60 Amid ECB Policy Meeting Market Overview The EUR/JPY currency pair has experienced a downward trend, dropping to around 161.60 during the European session on Wednesday. The Euro (EUR) is showing weakness...
Gold Gold is trading at 2758, with a high of 2762 today. The US Dollar Index is a significant determinant of the price of gold. A stronger dollar typically pressures gold, while a weaker one tends to push gold prices higher. Keep a close eye on the...
USD/CAD Analysis Introduction Assalam Alaikum! Today, the economic calendar is packed with significant news, making it challenging to predict the future movements of the USD/CAD currency pair. However, let’s delve into a technical analysis to gain...
