Hello dear readers! Currently, the price of gold is trading at $1,920 per ounce on the market, with a slight downward trend. Despite the US dollar reversing its decline in the first session of the new week, precious metals are still stuck in a downward price trend. It is predicted that in the near future, the price of gold will be within a resistance range from...
Hello everyone! Presently, the EUR/USD pair is facing challenges in taking advantage of the previous night's significant upward movement that resulted in a four-day peak. Currently, spot prices are lingering below the mid-1.0700s mark and continue to remain close to a three-month low that was reached last week. Despite this, there is a slight negative inclination...
Hello wealthy friends! Currently, XAU/USD is striving to increase its profits for the second day in a row, remaining around $1,921 in the early hours of Tuesday's Asian session. The pair is receiving support in its upward movement due to the retreat of the US Dollar (USD). Nevertheless, the favorable performance of US Treasury yields might be limiting the...
Hello dear friends! Are you wondering about the market today? Currently, the USDJPY is trading around the price level of 146.700. The USD/JPY pair could recover due to the strong performance of the US Dollar (USD). The greenback is predicted to maintain its strength by effectively absorbing the impact of higher interest rates. Furthermore, this currency may...
Hello dear friends! Currently, today AUD/USD is recovering towards the level of 0.6450 as we approach the opening day of Tuesday. The Australian dollar is pleased with the slight increase in business confidence in Australia, while the recovery of the US dollar is gradually decreasing amidst new optimism led by China. Wishing you all good luck!