XAU-USD Price Movement Update Xauusd moved according to previous predictions, namely to the target profit fibo retracement of 161.8. the next movement stopped and did consolidation/sideways after reaching the fibo retracement line 161.8. Until this...
Expert Advisors and Forex Robots: Can They Really Make You Money? In the fast-paced world of Forex trading, technological advancements have given traders a powerful tool—Expert Advisors (EAs) and Forex robots. These automated systems execute trades...
GBPUSD Daily Time Chart Analysis The GBP/USD currency pair is currently trading around the 50-day SMA. Traders eagerly await the Bank of England (BoE) monetary policy announcement at 12:00 GMT. The pair is testing important momentum near the...
Markets are now nearly fully pricing in a 25-basis-point rate cut at the upcoming Federal Reserve meeting, with investors keenly awaiting Fed Chair Jerome Powell’s press conference and the updated Summary of Economic Projections (dot plot). Any...
NZDUSD Daily Time Chart Analysis The NZD/USD pair is currently trading in a consolidation zone between the 20-day and 50-day simple moving averages. The corresponding pair is moving within a horizontal channel with resistance at 0.5725 and support...
