Gold prices experienced a significant surge on Thursday, driven by a combination of factors. The US Consumer Price Index (CPI) report indicated a cooling in inflation, excluding volatile food and energy components. This data has sparked speculation...
Trading Strategy in Forex Forex trading, also known as foreign exchange trading, is the act of buying and selling currencies to profit from changes in exchange rates. With a daily trading volume exceeding $6 trillion, the forex market is the...
USD/CAD is mostly flat despite the pullback in the oil markets. Other commodity-related currencies also lack dynamics in today’s trading session. From a technical point of view, USD/CAD needs to settle back above the 50 MA (Moving Average) at 1.3663...
The Australian Dollar (AUD) has surged to a six-month high, buoyed by a weakening US Dollar. The latter's decline was triggered by softer-than-expected US Consumer Price Index (CPI) data for June, which has fueled speculation of an impending...
### Analysis of USD/CHF Pair #### Recent Price Movement The USD/CHF currency pair experienced a notable comeback yesterday after a brief decline. The pair reversed its downward trajectory and surged upwards, culminating in a strong bullish candle...