21 Nov 2024 Gold Price Analysis: XAU/USD Eyes Weekly Rebound Amid Geopolitical Risks and Fed Commentary
Gold prices have surged to an eight-day high, trading above $2,650 during early Thursday's Asian session. The precious metal remains buoyed by geopolitical tensions and safe-haven demand, as traders look forward to Federal Reserve (Fed) speeches for further direction...
Forex Analysis: Markets Update August 2024
Current Forex Market Trends: August 2024 EUR/USD Analysis The EUR/USD pair has shown mixed performance this month. The European Central Bank (ECB) recently announced that they would keep interest rates unchanged, which has impacted the euro. Traders are now focusing...
Forex Analysis: 11 June 2024 Forex and Stock Updates
Forex Market Analysis 11 June 2024 CURRENCIES: Key Highlights: Fed and BoJ Rate Decisions: Both the Federal Reserve (Fed) and the Bank of Japan (BoJ) are expected to keep interest rates unchanged. Market focus will be on their commentary and economic projections....
Forex Analysis: 6 June 2024 USD, Nvidia & Crypto Updates
Forex Analysis 6 June 2024 CURRENCIES: Strong ISM Services Data: The latest ISM Services report surpassed market expectations, highlighting robust US business activity. Key Takeaways: Higher business activity and growth in new orders. Slower supplier deliveries....
Forex Analysis: 3 June 2024 Forex, Gold & Stocks Updates
Forex Markets Analysis 3 June 2024 CURRENCIES: Key Events and Predictions ECB Rate Decision: The European Central Bank (ECB) is expected to cut interest rates by 25 basis points on Thursday. Markets speculate the next cut may occur on either September 12th or more...
Forex Analysis: 30 May 2024 Currencies & Stock Updates
Forex Markets Analysis 30 May 2024 CURRENCIES: Key Highlights: Contrarian Trading Strategies: Trading based on crowd psychology often leads to significant opportunities. Contrarian trading involves going against dominant market sentiment to capitalize on potential...
Forex Analysis: 20 May 2024 FX And Stocks Weekly Review
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,...
Forex Analysis: 14 May 2024 Gold, USD & Stock Updates
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...
Forex Market Analysis: Forex and Recession-Proof Stocks
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...
Forex Market Analysis: 9 May 2024 Gold, USD, EUR, and Stocks
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 weeks,...