by Zed | May 20, 2024 | Forex Analysis
Forex Markets Analysis 20 May 2024 Currencies: Last week saw significant movements in the forex markets, driven by key economic developments: U.S. Dollar: The Dollar Index (DXY) fell sharply following softer-than-expected consumer price index (CPI) figures,...
by Zed | May 14, 2024 | Forex Analysis
Forex and Stock Market Update: Tuesday, May 14 Currencies: Gold Price Technical Analysis Recent Performance: Gold prices fell after failing to breach the $2,375 resistance last Friday, sliding below $2,350 as the new week began. Potential Downside: Key support is...
by Zed | May 10, 2024 | Forex Analysis
Forex Markets News – 10 May 2024 CURRENCIES: EUR/USD Overview: After rebounding from the support level at 1.0725, EUR/USD is currently testing resistance around 1.0790, where the 50-day and 200-day SMAs converge. Potential gains could push it toward trendline...
by Zed | May 9, 2024 | Forex Analysis
Forex Markets 9th May 2024 CURRENCIES: Gold Price Analysis (XAU/USD): Sentiment: Bearish Recent Trends: Gold prices have fallen for two consecutive sessions, nearly erasing the gains made in Monday’s rally. The market has been trading sideways for the past two...
by Zed | May 9, 2024 | Blog
The Most Traded Currency Pairs Whether you’re a seasoned trader or new to the Forex market, understanding the most traded currency pairs can significantly influence your trading strategy. This knowledge allows traders to capitalize on more predictable market...
