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...
For oil today, the market opened with an insignificant gap, and in the Asian session the price is being pushed to the south, although in general, I admit that after a slight pullback, the northward movement will be resumed and, as I have said many...
The GBP/USD pair also showed a fairly strong drop on Friday, for which there were no local reasons. Let's explain what we mean. Local causes are events and news during the day. There were practically none on Friday. In the United States, the...
The price test of 157.55 occurred at a time when the MACD indicator was just starting to move down from the zero mark, which confirmed the entry point to sell the dollar. As a result, the USD/JPY pair was down 50 pips. Last week's data and the Bank...
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...