The AUD/USD exchange rate, currently at 0.6688, has been exhibiting a bearish trend. This downtrend has been influenced by various factors such as economic data releases, interest rate differentials, and overall market sentiment towards risk. While...
AUD/ USD Price Activity They assess the live analysis of the AUD/ USD currency pair's pricing movements. Sellers have effectively set the stage for a subsequent bearish movement. The bearish scenario remains my top priority for the pair, with a...
After reaching a record high of $2,450 in May, the price of gold (XAU/USD) has fluctuated within a specific range. This stability comes despite a decline earlier in the week. The Federal Reserve's (Fed) hesitation to signal future interest rate cuts...
Date: 3rd July 2024. NASDAQ Eyes All-Time High as Employment Data Eases Investor Concerns. The price of the US Dollar will mainly be influenced by three economic events. The ADP Non-Farm Employment Change, the ISM Services PMI and tonight’s FOMC...
Important Points of Gold Trading If we analyze the daily or weekly charts of gold, we can see a major and strong resistance level at 2338. When the market hits this level, it will either go up significantly or be rejected and move down. Therefore,...