The gold spot price recently traded around $2,630 per ounce, recovering from the 50-day Simple Moving Average. This increase came after a significant price drop, as traders responded to a market downturn caused by global growth concerns. On Monday,...
Technical Analysis of EUR/USD The euro tried to extend its gains last week but failed to break through key resistance and remained rangebound. The price initially reached around 1.1198 but retreated slightly and then began to retreat to its starting...
The spot price is on a remarkable winning streak against the US Dollar (USD), marking its third consecutive session of gains. On Tuesday, the pair reached a new two-year high of 1.3400, a significant milestone as the US Dollar drifts toward a...
This week, the USD/CAD trading trend seems to be following the bullish momentum observed last week. Despite previous declining market conditions, the pair could not break below the 1.3438 price zone, leading to a current upward trend. Analyzing last...
The EUR/USD currency pair has been trading around the 1.1111 mark recently, reflecting a significant shift in market sentiment. Currently, the trend appears to be bearish, indicating a potential decline in the euro's value against the US dollar....