XAU/USD analysis: According to the daily (D1) chart, the market is currently experiencing a correctional decline. This decline is targeting a support level around 2300, which is a critical area for market participants to watch. If the price reaches...
The USD/CAD currency pair, currently trading around 1.3688, has been experiencing a bearish trend, indicating a period of weakness for the US dollar (USD) against the Canadian dollar (CAD). This decline suggests various economic, political, and...
Date: 28th June 2024. Market News – Dollar corrects ahead of the PCE. Asian European Open: * Stocks rose marginally, with some help from a bounce in tech shares. The NASDAQ rallied 0.3%, with the SP and Dow each up 0.09%. Financial Markets...
EUR/USD D1 TIME FRAME CHART. My plans for the EUR/USD outlook for today have already changed. Most likely they will move the rate to the daily MA. It is at the level of 1.0780. We are already at the 7th figure, and that we moved south at the end of...
The pair continues its downward trajectory, hovering around 1.0711. This marks the second consecutive day of losses for the pair, reflecting a prevailing bearish sentiment highlighted in recent technical analysis. Specifically, the four-hour chart...