The US Dollar is poised for further gains as the Federal Reserve (Fed) appears ready to pause its easing cycle at the upcoming January meeting after three consecutive rate cuts. The Fed’s latest Summary of Economic Projections and dot plot suggest...
The New Zealand dollar (NZD) weakened against the US dollar for the second consecutive day, trading near the 0.5650 level during early European trading on Wednesday. This decline was primarily attributed to the release of New Zealand's latest...
Good Evening, Dear, all forex traders. Welcome to my trading journal. Today, I will discuss the XAUUSD pair. Below is the analysis of the XAUUSD pair on the H4 timeframe. H4 Timeframe: Looking at the H4 timeframe, strong resistance is seen moving...
The UK economic data has taken a pause, leaving the market to focus on key US releases, including the Durable Goods Orders and the University of Michigan's update on 5-year Consumer Inflation Expectations. US Durable Goods Orders are expected to...
USDCAD Technical Analysis The overall trend shows strong bullish momentum in the daily time frame for USD/CAD. The price has experienced several bullish movements despite brief, short-lived bearish corrections. The price has consistently rebounded,...
