The price of XAU/USD has recently reached the peak of its upward movement and has since entered a consolidation phase, which has been ongoing for nearly a month. This period of stagnation follows a strong bullish rally, during which gold...
The Australian dollar (AUD) continued its upward trend against the US dollar (USD) for a third consecutive session, driven by positive economic data and a shift in market expectations regarding the Federal Reserve's monetary policy. The release of...
The USD/CAD pair has been consolidating within a range, with the Canadian dollar (CAD) exhibiting relative weakness compared to the US dollar (USD). This consolidation is occurring despite the broader decline in the US Dollar Index (DXY) and growing...
Very few macroeconomic events are scheduled for Friday. We can only note the report on industrial production in the European Union and the University of Michigan consumer sentiment index in the United States. These reports are unlikely to provoke a...
Open your trade but first save the money" is a phrase that emphasizes the importance of financial prudence before engaging in risky ventures like trading. This sentiment is especially relevant in today's economic climate, where market volatility can...