The price of gold (XAU/USD) has experienced a dramatic plunge, tumbling 25% on Tuesday. This sharp decline can be attributed to a shift in sentiment regarding US interest rates. Stronger-than-anticipated US employment data released last Friday...
AUDUSD MARKET ANALYSIS On Tuesday (June 11), the AUD/USD was supported by bargain hunting, and the exchange rate remained in the range of 0.6580-0.6630. Currently, investors have postponed the first interest rate cut by the Reserve Bank of...
The USD/CHF currency pair has recently shown an uptrend that market analysts are closely monitoring. This upward movement could either be a corrective phase or the start of the fifth wave in the broader market cycle. On the hourly timeframe, it is...
The EUR/JPY currency pair has been exhibiting some intriguing fluctuations lately. After reaching the pullback level of 168.50-168.75, the price attempted to break through but was unsuccessful, settling around the 168.20-168.64 range. This suggests...
The USD/CAD pair is currently trading at 1.3753 with a bearish trend, indicating a slow market movement. However, there's anticipation for a significant movement in the coming days. This could be influenced by various factors such as economic data...