Market Fundamentals: China’s central bank decided to keep the one- and five-year Loan Prime Rates (LPRs) unchanged at 3.10% and 3.60%, respectively. This decision has influenced the AUD/USD pair as traders adjust their expectations. On the domestic...
GBP/USD When there is a strong trend/tendency, it is difficult to find an opportunity to open a deal, because there is practically no correction, and if there is, it is so crooked that it is not visible at the moment, it is then all beautiful in...
Gold Current Market Overview Gold is trading at 2902, recovering from a daily low of 2896. The market is still bearish, with gold trading below the 100 Exponential Moving Average and 20 Simple Moving Average on the H1 chart. The Relative Strength...
Today, I observed significant changes in the USD/CAD pair that have sparked my interest for further analysis. Initially, I noticed that the price fell to the four-hour support level at 1.4300 and eventually broke through it. This movement caught my...
Gold prices experienced a pause in their upward momentum on Friday, interrupting a three-day winning streak as investors opted to secure profits ahead of the highly anticipated US non-farm payrolls (NFP) report. Additionally, the rising yields on US...
