Technical analysis of XAUUSD Today we will do a technical analysis of gold. Gold is a major metal and favorite metal for forex trading. The market is currently at 2645. The market is between support level at 2909 and resistance level at 2936. This...
The US dollar (USD) experienced a sharp decline on Thursday, while EUR/USD continued its recovery, trading well above the 1.0400 level. The US dollar index (DXY) dropped significantly, despite increasing speculation that the Federal Reserve will...
USD/CAD Moves: What’s Shaping the Market Right Now(February 14,2025)? Canadian Dollar Holding Firm as Oil Prices Stay Strong The Canadian dollar has been showing resilience, pushing USD/CAD to a two-month low. Several factors are keeping the loonie...
EUR/USD As of February 14, 2025, EUR/USD is trading around 1.0300, maintaining a bearish trend. The euro remains under pressure due to weak economic data and dovish expectations from the ECB. Fundamental Analysis: Eurozone retail sales fell by 0.2%...
GBP/USD As of today, GBP/USD is trading around 1.2400, reflecting recent market movements shaped by both technical and fundamental factors. The pair have struggled to gain bullish momentum, and the current price action suggests continued...
