Technical Analysis: XAU/USD Gold declines by over $30 on Monday after the news that Donald Trump has chosen Scott Bessent as the new US Secretary of the Treasury. Bessent is a seasoned Wall Street professional and is viewed as a safe pick by...
This week, the Swiss GDP rate is expected to play a key role in shaping the USD/CHF market, potentially providing support for sellers. Economic data from Switzerland is often watched by traders for its ability to influence the strength of the Swiss...
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The EUR/ JPY market broke through the 161.20 area , reflecting the stability of sellers who were able to push the pair lower. This move indicates a period of continued downward pressure, with sellers maintaining control of the market . However , in...
Good morning. The entire previous week for the Pound was again dictated by sellers, but today buyers behaved quite unexpectedly, opening with a fairly decent gap upwards of more than 50 points. It will be a shame if sellers close this gap and...