GOLD MARKET ANALYSIS Spot gold climbed 1.3% to $2,332.55 an ounce on Friday (June 14). Signs of slowing inflation in the United States have raised hopes for a rate cut later this year, and a sharp drop in European stocks last Friday also supported...
Good morning, happy colleagues. Price movements in the previous session had a significant impact, although not perfectly as expected. However, this event provides a useful picture for directing today's trading strategy. The focus remains centered on...
USD CHF Analysis The market is open but moving too slowly maybe due to the Eid holidays and right now I'm not seeing any high volatility movement however we can expect movement after the USA session opens. Today I took a look at the economic...
The single European currency is trading close to the 1,07 level at the open of the new week which is little changed trying to limit the previous week’s losses. The dust from last week’s euro election development has not yet settled with the result...
Technical analysis of the GBPUSD pair 1-hour chart For two previous trading days, the trend was down, and therefore trading was opened today within price channels with a downward trend. The price has moved in a sideways direction so far, and we...