Technical Analysis of Gold The technical analysis of gold on a daily chart shows that trading ended last week in a strong support area where the price returns to test the price channels that were broken upwards. This month, trading opened within...
AUD/USD Weekly Outlook Greetings and Good Morning to Everyone! The Australian Employment Changes had reached from 14.5K to 67.3KUnemployment Rate remained at 4.0%. This week proved to be quite challenging for US traders, with a series of economic...
General Points about USDCHF: In the last week, the USD/CHF market could move below the 0.9100 level due to the impact of the Empire State Manufacturing and Unemployment news events. Economic releases play a significant role in shaping market...
The recent price movement suggests that the pair is trading within a defined range, with minor bullish and bearish phases alternating. However, the overall trend appears to be slightly bearish, as evidenced by the formation of lower highs and lower...
Gold prices surged on Thursday, driven by growing market expectations of an imminent policy easing cycle from the Federal Reserve. According to the CME Group's FedWatch Tool, traders are increasingly betting on interest rate cuts at the Fed’s...